PPP Loan information for General tool specialties inc

$88,298

General tool specialties inc was initially approved for PPP Loan of amount $88,298, the current approved amount is $88,298. The loan was approved on 01/20/2021 by The Lakeland Bank reported 7 jobs and $88,298 was used to fund payroll.

General tool specialties inc is Existing or more than 2 years old

PPP Loan Search / NJ / Hillsborough / General tool specialties inc

GENERAL TOOL SPECIALTIES INC

Date Approved

01/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

GENERAL TOOL SPECIALTIES INC

Borrower Address

284 Sunnymeade Rd

Borrower City

Hillsborough

Borrower State

NJ

Borrower Zip

08844-4630

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

88298.12

Current Approval Amount

88298.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hillsborough

Project County Name

SOMERSET

Project State

NJ

Project Zip

08844-4630

CD

NJ-12

Jobs Reported

7

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

88295.12

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88906.40

Forgiveness Date

10/06/2021

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