PPP Loan information for Tool inc

$182,060

Tool inc was initially approved for PPP Loan of amount $182,060, the current approved amount is $182,060. The loan was approved on 03/08/2021 by The Eastern Bank reported 10 jobs and $182,060 was used to fund payroll.

Tool inc is Existing or more than 2 years old

PPP Loan Search / MA / Marblehead / Tool inc

TOOL INC

Date Approved

03/08/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

TOOL INC

Borrower Address

4 Beringer Way

Borrower City

Marblehead

Borrower State

MA

Borrower Zip

01945-2543

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

182060.00

Current Approval Amount

182060.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marblehead

Project County Name

ESSEX

Project State

MA

Project Zip

01945-2543

CD

MA-06

Jobs Reported

10

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

182057.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

183369.82

Forgiveness Date

11/26/2021

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