PPP Loan information for Adrian tool corporation

$500,000

Adrian tool corporation was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/15/2020 by The Premier Bank reported 27 jobs and $500,000 was used to fund payroll.

Adrian tool corporation is Existing or more than 2 years old

ADRIAN TOOL CORPORATION

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ADRIAN TOOL CORPORATION

Borrower Address

1441 ENTERPRISE AVE

Borrower City

ADRIAN

Borrower State

MI

Borrower Zip

49221-8789

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADRIAN

Project County Name

LENAWEE

Project State

MI

Project Zip

49221-8789

CD

MI-05

Jobs Reported

27

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

506611.11

Forgiveness Date

08/12/2021

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