PPP Loan information for Engineered tools corporation

$244,317

Engineered tools corporation was initially approved for PPP Loan of amount $244,317, the current approved amount is $244,317. The loan was approved on 01/21/2021 by The Independent Bank reported 16 jobs and $244,317 was used to fund payroll.

Engineered tools corporation is Existing or more than 2 years old

ENGINEERED TOOLS CORPORATION

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ENGINEERED TOOLS CORPORATION

Borrower Address

2710 W Caro Rd

Borrower City

Caro

Borrower State

MI

Borrower Zip

48723-9609

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

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

16

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

244315.00

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

245287.57

Forgiveness Date

06/23/2021

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