PPP Loan information for Tool-smith company inc

$740,106

Tool-smith company inc was initially approved for PPP Loan of amount $740,106, the current approved amount is $740,106. The loan was approved on 01/27/2021 by The Regions Bank reported 51 jobs and $740,106 was used to fund payroll.

Tool-smith company inc is Existing or more than 2 years old

PPP Loan Search / AL / Birmingham / Tool-smith company inc

TOOL-SMITH COMPANY INC

Date Approved

01/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

TOOL-SMITH COMPANY INC

Borrower Address

1300 4th Ave S

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35233-1409

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

740106.00

Current Approval Amount

740106.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35233-1409

CD

AL-07

Jobs Reported

51

NAICS Code

423830

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

740105.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

743167.81

Forgiveness Date

07/28/2021

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