PPP Loan information for Classic tool inc.

$50,363

Classic tool inc. was initially approved for PPP Loan of amount $50,363, the current approved amount is $50,363. The loan was approved on 02/12/2021 by The Westfield Bank, FSB reported 6 jobs and $50,363 was used to fund payroll.

Classic tool inc. is Existing or more than 2 years old

PPP Loan Search / OH / Stow / Classic tool inc.

CLASSIC TOOL INC.

Date Approved

02/12/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

CLASSIC TOOL INC.

Borrower Address

4278 Hudson Dr

Borrower City

Stow

Borrower State

OH

Borrower Zip

44224-2251

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50363.00

Current Approval Amount

50363.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

222943

Servicing Lender Name

Westfield Bank, FSB

Servicing Lender Address

Two Park Cir

Servicing Lender City

WESTFIELD CENTER

Servicing Lender State

OH

Servicing Lender Zip

44251

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stow

Project County Name

SUMMIT

Project State

OH

Project Zip

44224-2251

CD

OH-13

Jobs Reported

6

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50361.00

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

Subchapter S Corporation

Originating Lender Location Id

222943

Originating Lender

Westfield Bank, FSB

Originating Lender City

WESTFIELD CENTER

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50861.11

Forgiveness Date

02/15/2022

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