PPP Loan information for Severance tool industries inc.

$188,919

Severance tool industries inc. was initially approved for PPP Loan of amount $188,919, the current approved amount is $188,919. The loan was approved on 05/01/2020 by The The Huntington National Bank reported 25 jobs and $188,919 was used to fund payroll.

Severance tool industries inc. is Existing or more than 2 years old

SEVERANCE TOOL INDUSTRIES INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SEVERANCE TOOL INDUSTRIES INC.

Borrower Address

3790 Orange Street

Borrower City

Saginaw

Borrower State

MI

Borrower Zip

48605

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188919.00

Current Approval Amount

188919.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saginaw

Project County Name

SAGINAW

Project State

MI

Project Zip

48605-1341

CD

MI-08

Jobs Reported

25

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188919.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

191351.66

Forgiveness Date

08/18/2021

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