PPP Loan information for Northwest tool and machine, inc

$298,800

Northwest tool and machine, inc was initially approved for PPP Loan of amount $298,800, the current approved amount is $298,800. The loan was approved on 04/28/2020 by The Comerica Bank reported 20 jobs and $298,800 was used to fund payroll.

Northwest tool and machine, inc is Existing or more than 2 years old

PPP Loan Search / MI / Jackson / Northwest tool and machine, inc

NORTHWEST TOOL AND MACHINE, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

NORTHWEST TOOL AND MACHINE, INC

Borrower Address

1014 Hurst Road

Borrower City

Jackson

Borrower State

MI

Borrower Zip

49201-8905

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

298800.00

Current Approval Amount

298800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jackson

Project County Name

JACKSON

Project State

MI

Project Zip

49201-8905

CD

MI-05

Jobs Reported

20

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

239088.00

Mortgage Interest Proceed

59712.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301223.60

Forgiveness Date

02/17/2021

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