PPP Loan information for Toolco industrial corporation

$260,200

Toolco industrial corporation was initially approved for PPP Loan of amount $260,200, the current approved amount is $260,200. The loan was approved on 04/13/2020 by The First-Citizens Bank & Trust Company reported 27 jobs and $260,200 was used to fund payroll.

Toolco industrial corporation is New Business or 2 years or less

PPP Loan Search / NC / MARION / Toolco industrial corporation

TOOLCO INDUSTRIAL CORPORATION

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TOOLCO INDUSTRIAL CORPORATION

Borrower Address

106 INDUSTRIAL DR

Borrower City

MARION

Borrower State

NC

Borrower Zip

28752

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260200.00

Current Approval Amount

260200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MARION

Project County Name

MCDOWELL

Project State

NC

Project Zip

28752-0001

CD

NC-11

Jobs Reported

27

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260200.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261912.98

Forgiveness Date

12/15/2020

;