PPP Loan information for Coleman tool & mfg corp

$975,000

Coleman tool & mfg corp was initially approved for PPP Loan of amount $975,000, the current approved amount is $975,000. The loan was approved on 04/08/2020 by The Johnson Bank reported 79 jobs and $975,000 was used to fund payroll.

Coleman tool & mfg corp is Existing or more than 2 years old

COLEMAN TOOL & MFG CORP

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

COLEMAN TOOL & MFG CORP

Borrower Address

LEIDER DR

Borrower City

UNION GROVE

Borrower State

WI

Borrower Zip

53182-1345

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

975000.00

Current Approval Amount

975000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION GROVE

Project County Name

RACINE

Project State

WI

Project Zip

53182-1345

CD

WI-01

Jobs Reported

79

NAICS Code

336390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

121875.00

Payroll Proceed

731250.00

Mortgage Interest Proceed

0.00

Rent Proceed

121875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

970525.62

Forgiveness Date

11/10/2020

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