PPP Loan information for Ely tool inc

$308,473

Ely tool inc was initially approved for PPP Loan of amount $308,473, the current approved amount is $308,473. The loan was approved on 01/25/2021 by The Manufacturers and Traders Trust Company reported 23 jobs and $308,473 was used to fund payroll.

Ely tool inc is Existing or more than 2 years old

PPP Loan Search / MA / Springfield / Ely tool inc

ELY TOOL INC

Date Approved

01/25/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

ELY TOOL INC

Borrower Address

455 Cottage St

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01104-4005

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

308472.50

Current Approval Amount

308472.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Springfield

Project County Name

HAMPDEN

Project State

MA

Project Zip

01104-4005

CD

MA-01

Jobs Reported

23

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

308469.50

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

311362.85

Forgiveness Date

01/06/2022

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