PPP Loan information for Stegman tool company, inc.

$308,000

Stegman tool company, inc. was initially approved for PPP Loan of amount $308,000, the current approved amount is $308,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 24 jobs and $308,000 was used to fund payroll.

Stegman tool company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Stegman tool company, inc.

STEGMAN TOOL COMPANY, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STEGMAN TOOL COMPANY, INC.

Borrower Address

1985 Ring Dr

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308000.00

Current Approval Amount

308000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-0899

CD

MI-11

Jobs Reported

24

NAICS Code

423710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

308000.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

311054.68

Forgiveness Date

04/29/2021

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