PPP Loan information for Future tool, inc.

$111,000

Future tool, inc. was initially approved for PPP Loan of amount $111,000, the current approved amount is $111,000. The loan was approved on 04/10/2020 by The Blackhawk Bank reported 10 jobs and $111,000 was used to fund payroll.

Future tool, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Future tool, inc.

FUTURE TOOL, INC.

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FUTURE TOOL, INC.

Borrower Address

2029 23RD AVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104-7330

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111000.00

Current Approval Amount

111000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117081

Servicing Lender Name

Blackhawk Bank

Servicing Lender Address

400 Broad St

Servicing Lender City

BELOIT

Servicing Lender State

WI

Servicing Lender Zip

53511-6223

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-7330

CD

IL-17

Jobs Reported

10

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

98000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

117081

Originating Lender

Blackhawk Bank

Originating Lender City

BELOIT

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

111749.25

Forgiveness Date

12/17/2020

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