PPP Loan information for Huron tool & engineering co.

$679,811

Huron tool & engineering co. was initially approved for PPP Loan of amount $487,334, the current approved amount is $679,811. The loan was approved on 04/15/2020 by The Bay Port State Bank reported 52 jobs and $679,811 was used to fund payroll.

Huron tool & engineering co. is Existing or more than 2 years old

PPP Loan Search / MI / BAD AXE / Huron tool & engineering co.

HURON TOOL & ENGINEERING CO.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

HURON TOOL & ENGINEERING CO.

Borrower Address

635 LIBERTY STREET

Borrower City

BAD AXE

Borrower State

MI

Borrower Zip

48413-9532

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487334.00

Current Approval Amount

679811.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33579

Servicing Lender Name

Bay Port State Bank

Servicing Lender Address

9840 Main St

Servicing Lender City

BAY PORT

Servicing Lender State

MI

Servicing Lender Zip

48720-9782

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAD AXE

Project County Name

HURON

Project State

MI

Project Zip

48413-0001

CD

MI-09

Jobs Reported

52

NAICS Code

332721

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

664811.00

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

33579

Originating Lender

Bay Port State Bank

Originating Lender City

BAY PORT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

685919.99

Forgiveness Date

03/18/2021

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