PPP Loan information for Tool technology corporation

$324,470

Tool technology corporation was initially approved for PPP Loan of amount $324,470, the current approved amount is $324,470. The loan was approved on 04/28/2020 by The Mercantile Bank reported 31 jobs and $324,470 was used to fund payroll.

Tool technology corporation is Unanswered

PPP Loan Search / SC / INMAN / Tool technology corporation

TOOL TECHNOLOGY CORPORATION

Date Approved

04/28/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

TOOL TECHNOLOGY CORPORATION

Borrower Address

985 Bishop Rd

Borrower City

INMAN

Borrower State

SC

Borrower Zip

29349-6857

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

324470.00

Current Approval Amount

324470.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

INMAN

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29349-6857

CD

SC-04

Jobs Reported

31

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38542.00

Payroll Proceed

229078.00

Mortgage Interest Proceed

0.00

Rent Proceed

26350.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

326265.70

Forgiveness Date

11/20/2020

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