PPP Loan information for Tool technology corporation

$324,472

Tool technology corporation was initially approved for PPP Loan of amount $324,472, the current approved amount is $324,472. The loan was approved on 05/05/2021 by The Mercantile Bank reported 31 jobs and $324,472 was used to fund payroll.

Tool technology corporation is Existing or more than 2 years old

PPP Loan Search / SC / Inman / Tool technology corporation

TOOL TECHNOLOGY CORPORATION

Date Approved

05/05/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

TOOL TECHNOLOGY CORPORATION

Borrower Address

985 Bishop Rd

Borrower City

Inman

Borrower State

SC

Borrower Zip

29349-6857

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

324472.47

Current Approval Amount

324472.47

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

Existing or more than 2 years old

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

1.00

Payroll Proceed

324469.47

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325628.13

Forgiveness Date

09/15/2021

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