PPP Loan information for Galactic tool co inc

$30,500

Galactic tool co inc was initially approved for PPP Loan of amount $30,500, the current approved amount is $30,500. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 5 jobs and $30,500 was used to fund payroll.

Galactic tool co inc is Unanswered

GALACTIC TOOL CO INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

GALACTIC TOOL CO INC

Borrower Address

1402 18TH AVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30500.00

Current Approval Amount

30500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-1000

CD

IL-17

Jobs Reported

5

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30500.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

30848.21

Forgiveness Date

06/24/2021

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