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 02/13/2021 by The PNC Bank, National Association reported 12 jobs and $159,000 was used to fund payroll.

Martel tool corp is Existing or more than 2 years old

PPP Loan Search / MI / Allen Park / Martel tool corp

MARTEL TOOL CORP

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MARTEL TOOL CORP

Borrower Address

5831 Pelham Rd 5831 Pelham Rd

Borrower City

Allen Park

Borrower State

MI

Borrower Zip

48101-2809

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

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

Existing or more than 2 years old

Project City

Allen Park

Project County Name

WAYNE

Project State

MI

Project Zip

48101-2809

CD

MI-13

Jobs Reported

12

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

158996.00

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

160793.17

Forgiveness Date

03/31/2022

;