PPP Loan information for Utility tool company, inc.

$183,200

Utility tool company, inc. was initially approved for PPP Loan of amount $183,200, the current approved amount is $183,200. The loan was approved on 04/05/2020 by The Oakworth Capital Bank reported 16 jobs and $183,200 was used to fund payroll.

Utility tool company, inc. is Existing or more than 2 years old

PPP Loan Search / AL / IRONDALE / Utility tool company, inc.

UTILITY TOOL COMPANY, INC.

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

UTILITY TOOL COMPANY, INC.

Borrower Address

2900 COMMERCE BLVD

Borrower City

IRONDALE

Borrower State

AL

Borrower Zip

35210-1218

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183200.00

Current Approval Amount

183200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455251

Servicing Lender Name

Oakworth Capital Bank

Servicing Lender Address

850 Shades Creek Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-4460

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRONDALE

Project County Name

JEFFERSON

Project State

AL

Project Zip

35210-1218

CD

AL-06

Jobs Reported

16

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9160.00

Payroll Proceed

137400.00

Mortgage Interest Proceed

9160.00

Rent Proceed

9160.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9160.00

Debt Interest Proceed

9160

Business Type

Subchapter S Corporation

Originating Lender Location Id

455251

Originating Lender

Oakworth Capital Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

184314.47

Forgiveness Date

11/20/2020

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