PPP Loan information for U.s. tool inc.

$152,800

U.s. tool inc. was initially approved for PPP Loan of amount $152,800, the current approved amount is $152,800. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 10 jobs and $152,800 was used to fund payroll.

U.s. tool inc. is New Business or 2 years or less

PPP Loan Search / SC / Wellford / U.s. tool inc.

U.S. TOOL INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

U.S. TOOL INC.

Borrower Address

1185 Syphrit Rd

Borrower City

Wellford

Borrower State

SC

Borrower Zip

29385-9460

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152800.00

Current Approval Amount

152800.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Wellford

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29385-9460

CD

SC-04

Jobs Reported

10

NAICS Code

335314

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

152800.00

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

Subchapter S 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

153888.44

Forgiveness Date

01/20/2021

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