PPP Loan information for Industrial tool supply, inc

$313,700

Industrial tool supply, inc was initially approved for PPP Loan of amount $313,700, the current approved amount is $313,700. The loan was approved on 04/03/2020 by The Enterprise Bank and Trust Company reported 22 jobs and $313,700 was used to fund payroll.

Industrial tool supply, inc is Existing or more than 2 years old

PPP Loan Search / MA / LOWELL / Industrial tool supply, inc

INDUSTRIAL TOOL SUPPLY, INC

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

INDUSTRIAL TOOL SUPPLY, INC

Borrower Address

48 NEWHALL ST

Borrower City

LOWELL

Borrower State

MA

Borrower Zip

01852-4122

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

313700.00

Current Approval Amount

313700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOWELL

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01852-4122

CD

MA-03

Jobs Reported

22

NAICS Code

423710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

229400.00

Mortgage Interest Proceed

0.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

45300.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

317324.98

Forgiveness Date

06/04/2021

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