PPP Loan information for Tri-tool boring machine co.

$200,410

Tri-tool boring machine co. was initially approved for PPP Loan of amount $200,410, the current approved amount is $200,410. The loan was approved on 01/31/2021 by The Loan Source Incorporated reported 12 jobs and $200,410 was used to fund payroll.

Tri-tool boring machine co. is Existing or more than 2 years old

PPP Loan Search / MI / Chesterfield / Tri-tool boring machine co.

TRI-TOOL BORING MACHINE CO.

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TRI-TOOL BORING MACHINE CO.

Borrower Address

46440 Continental Dr

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48047-5206

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

200410.00

Current Approval Amount

200410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48047-5206

CD

MI-09

Jobs Reported

12

NAICS Code

331513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

200407.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201958.37

Forgiveness Date

11/22/2021

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