PPP Loan information for Best tool & engineering company, inc.

$143,400

Best tool & engineering company, inc. was initially approved for PPP Loan of amount $143,400, the current approved amount is $143,400. The loan was approved on 02/04/2021 by The First State Bank reported 10 jobs and $143,400 was used to fund payroll.

Best tool & engineering company, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Township / Best tool & engineering company, inc.

BEST TOOL & ENGINEERING COMPANY, INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BEST TOOL & ENGINEERING COMPANY, INC.

Borrower Address

34730 Nova Dr

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48035-3717

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

143400.00

Current Approval Amount

143400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48035-3717

CD

MI-10

Jobs Reported

10

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143400.00

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

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

144091.46

Forgiveness Date

08/04/2021

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