PPP Loan information for Engineered tools corp

$244,317

Engineered tools corp was initially approved for PPP Loan of amount $244,317, the current approved amount is $244,317. The loan was approved on 04/27/2020 by The Independent Bank reported 12 jobs and $244,317 was used to fund payroll.

Engineered tools corp is Existing or more than 2 years old

ENGINEERED TOOLS CORP

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ENGINEERED TOOLS CORP

Borrower Address

2710 W CARO RD

Borrower City

CARO

Borrower State

MI

Borrower Zip

48723-9609

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244317.00

Current Approval Amount

244317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CARO

Project County Name

TUSCOLA

Project State

MI

Project Zip

48723-9609

CD

MI-09

Jobs Reported

12

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244317.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

245572.52

Forgiveness Date

11/03/2020

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