PPP Loan information for M c carbide tool co

$118,600

M c carbide tool co was initially approved for PPP Loan of amount $118,600, the current approved amount is $118,600. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 8 jobs and $118,600 was used to fund payroll.

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

PPP Loan Search / MI / WIXOM / M c carbide tool co

M C CARBIDE TOOL CO

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

M C CARBIDE TOOL CO

Borrower Address

28565 AUTOMATION BLVD

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-3154

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118600.00

Current Approval Amount

118600.00

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

N

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

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

118600.00

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

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

119384.08

Forgiveness Date

12/22/2020

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