PPP Loan information for M c carbide tool co

$98,960

M c carbide tool co was initially approved for PPP Loan of amount $98,960, the current approved amount is $98,960. The loan was approved on 03/27/2021 by The PNC Bank, National Association reported 8 jobs and $98,960 was used to fund payroll.

M c carbide tool co is Existing or more than 2 years old

M C CARBIDE TOOL CO

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

M C CARBIDE TOOL CO

Borrower Address

28565 Automation Blvd 28565 Automation Blvd

Borrower City

Wixom

Borrower State

MI

Borrower Zip

48393-3154

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98960.00

Current Approval Amount

98960.00

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wixom

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-3154

CD

MI-07

Jobs Reported

8

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

98958.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99430.06

Forgiveness Date

09/28/2021

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