PPP Loan information for Concord tool and manufacturing inc.

$2,000,000

Concord tool and manufacturing inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/27/2021 by The The Huntington National Bank reported 280 jobs and $2,000,000 was used to fund payroll.

Concord tool and manufacturing inc. is Existing or more than 2 years old

CONCORD TOOL AND MANUFACTURING INC.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CONCORD TOOL AND MANUFACTURING INC.

Borrower Address

106 N Groesbeck Hwy

Borrower City

Mount Clemens

Borrower State

MI

Borrower Zip

48043-5428

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mount Clemens

Project County Name

MACOMB

Project State

MI

Project Zip

48043-5428

CD

MI-10

Jobs Reported

280

NAICS Code

332439

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2016493.15

Forgiveness Date

11/30/2021

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