PPP Loan information for Patco air tool inc.

$74,600

Patco air tool inc. was initially approved for PPP Loan of amount $74,600, the current approved amount is $74,600. The loan was approved on 03/16/2021 by The Comerica Bank reported 5 jobs and $74,600 was used to fund payroll.

Patco air tool inc. is Existing or more than 2 years old

PPP Loan Search / MI / Lake Orion / Patco air tool inc.

PATCO AIR TOOL INC.

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PATCO AIR TOOL INC.

Borrower Address

100 Engelwood Dr

Borrower City

Lake Orion

Borrower State

MI

Borrower Zip

48359-2411

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

74600.00

Current Approval Amount

74600.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Orion

Project County Name

OAKLAND

Project State

MI

Project Zip

48359-2411

CD

MI-09

Jobs Reported

5

NAICS Code

333991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

74598.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74933.63

Forgiveness Date

08/27/2021

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