PPP Loan information for Martel tool corp

$159,000

Martel tool corp was initially approved for PPP Loan of amount $159,000, the current approved amount is $159,000. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 14 jobs and $159,000 was used to fund payroll.

Martel tool corp is Unanswered

MARTEL TOOL CORP

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MARTEL TOOL CORP

Borrower Address

5831 PELHAM RD

Borrower City

ALLEN PARK

Borrower State

MI

Borrower Zip

48101-2809

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159000.00

Current Approval Amount

159000.00

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

Unanswered

Project City

ALLEN PARK

Project County Name

WAYNE

Project State

MI

Project Zip

48101-2809

CD

MI-13

Jobs Reported

14

NAICS Code

334519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

159000.00

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

160943.33

Forgiveness Date

07/22/2021

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