PPP Loan information for Custom tooling systems inc.

$407,800

Custom tooling systems inc. was initially approved for PPP Loan of amount $407,800, the current approved amount is $407,800. The loan was approved on 01/21/2021 by The Macatawa Bank reported 27 jobs and $407,800 was used to fund payroll.

Custom tooling systems inc. is Existing or more than 2 years old

PPP Loan Search / MI / Zeeland / Custom tooling systems inc.

CUSTOM TOOLING SYSTEMS INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CUSTOM TOOLING SYSTEMS INC.

Borrower Address

3331 80th Ave

Borrower City

Zeeland

Borrower State

MI

Borrower Zip

49464-9583

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

407800.00

Current Approval Amount

407800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zeeland

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-9583

CD

MI-02

Jobs Reported

27

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

407798.00

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

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

410001.00

Forgiveness Date

08/18/2021

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