PPP Loan information for Industrial tool & manufacturing co inc

$103,507

Industrial tool & manufacturing co inc was initially approved for PPP Loan of amount $103,507, the current approved amount is $103,507. The loan was approved on 03/17/2021 by The JPMorgan Chase Bank, National Association reported 7 jobs and $103,507 was used to fund payroll.

Industrial tool & manufacturing co inc is Existing or more than 2 years old

INDUSTRIAL TOOL & MANUFACTURING CO INC

Date Approved

03/17/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

INDUSTRIAL TOOL & MANUFACTURING CO INC

Borrower Address

4901 Calumet Ave

Borrower City

Hammond

Borrower State

IN

Borrower Zip

46327-1818

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103507.00

Current Approval Amount

103507.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hammond

Project County Name

LAKE

Project State

IN

Project Zip

46327-1818

CD

IN-01

Jobs Reported

7

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

103507.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

104315.68

Forgiveness Date

01/03/2022

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