PPP Loan information for Versatool & die machining & engineering inc

$299,000

Versatool & die machining & engineering inc was initially approved for PPP Loan of amount $299,000, the current approved amount is $299,000. The loan was approved on 04/13/2020 by The Blackhawk Bank reported 24 jobs and $299,000 was used to fund payroll.

Versatool & die machining & engineering inc is Existing or more than 2 years old

PPP Loan Search / WI / BELOIT / Versatool & die machining & engineering inc

VERSATOOL & DIE MACHINING & ENGINEERING INC

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

VERSATOOL & DIE MACHINING & ENGINEERING INC

Borrower Address

280 CRANSTON RD

Borrower City

BELOIT

Borrower State

WI

Borrower Zip

53511-3994

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299000.00

Current Approval Amount

299000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELOIT

Project County Name

ROCK

Project State

WI

Project Zip

53511-3994

CD

WI-01

Jobs Reported

24

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12453.00

Payroll Proceed

269547.00

Mortgage Interest Proceed

0.00

Rent Proceed

17000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

300777.39

Forgiveness Date

11/17/2020

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