PPP Loan information for Cold forming technology inc.

$250,000

Cold forming technology inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 03/27/2021 by The Comerica Bank reported 16 jobs and $250,000 was used to fund payroll.

Cold forming technology inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Cold forming technology inc.

COLD FORMING TECHNOLOGY INC.

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COLD FORMING TECHNOLOGY INC.

Borrower Address

44476 Phoenix Dr

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314-1467

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48314-1467

CD

MI-10

Jobs Reported

16

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

249997.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

252111.11

Forgiveness Date

02/07/2022

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