PPP Loan information for Industrial tool company inc

$311,974

Industrial tool company inc was initially approved for PPP Loan of amount $311,974, the current approved amount is $311,974. The loan was approved on 01/27/2021 by The Premier Bank reported 24 jobs and $311,974 was used to fund payroll.

Industrial tool company inc is Existing or more than 2 years old

INDUSTRIAL TOOL COMPANY INC

Date Approved

01/27/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

INDUSTRIAL TOOL COMPANY INC

Borrower Address

4760 Faircrest St SW

Borrower City

Canton

Borrower State

OH

Borrower Zip

44706-3516

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

311974.32

Current Approval Amount

311974.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84349

Servicing Lender Name

Premier Bank

Servicing Lender Address

275 W Federal St

Servicing Lender City

YOUNGSTOWN

Servicing Lender State

OH

Servicing Lender Zip

44503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

STARK

Project State

OH

Project Zip

44706-3516

CD

OH-06

Jobs Reported

24

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

311974.32

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

84349

Originating Lender

Premier Bank

Originating Lender City

YOUNGSTOWN

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

314851.42

Forgiveness Date

01/03/2022

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