PPP Loan information for Galactic tool co inc

$42,697

Galactic tool co inc was initially approved for PPP Loan of amount $42,697, the current approved amount is $42,697. The loan was approved on 03/26/2021 by The PNC Bank, National Association reported 4 jobs and $42,697 was used to fund payroll.

Galactic tool co inc is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Galactic tool co inc

GALACTIC TOOL CO INC

Date Approved

03/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

GALACTIC TOOL CO INC

Borrower Address

1402 18th Ave 1402 18th Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104-5437

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42697.00

Current Approval Amount

42697.00

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

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-5437

CD

IL-17

Jobs Reported

4

NAICS Code

333519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42697.00

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

42950.81

Forgiveness Date

11/08/2021

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