PPP Loan information for Economy tool llc

$50,800

Economy tool llc was initially approved for PPP Loan of amount $55,000, the current approved amount is $50,800. The loan was approved on 04/07/2020 by The Genisys CU reported 4 jobs and $50,800 was used to fund payroll.

Economy tool llc is Existing or more than 2 years old

PPP Loan Search / MI / WHITE LAKE / Economy tool llc

ECONOMY TOOL LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ECONOMY TOOL LLC

Borrower Address

4400 MCKEACHIE RD

Borrower City

WHITE LAKE

Borrower State

MI

Borrower Zip

48383-1623

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

50800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98740

Servicing Lender Name

Genisys CU

Servicing Lender Address

2100 Executive Hills Blvd

Servicing Lender City

AUBURN HILLS

Servicing Lender State

MI

Servicing Lender Zip

48326-2947

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE LAKE

Project County Name

OAKLAND

Project State

MI

Project Zip

48383-1623

CD

MI-11

Jobs Reported

4

NAICS Code

331318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3200.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

98740

Originating Lender

Genisys CU

Originating Lender City

AUBURN HILLS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51193.87

Forgiveness Date

01/26/2021

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