PPP Loan information for Michigan tool works

$407,700

Michigan tool works was initially approved for PPP Loan of amount $407,700, the current approved amount is $407,700. The loan was approved on 01/22/2021 by The Century Bank and Trust reported 21 jobs and $407,700 was used to fund payroll.

Michigan tool works is Existing or more than 2 years old

PPP Loan Search / MI / Sturgis / Michigan tool works

MICHIGAN TOOL WORKS

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MICHIGAN TOOL WORKS

Borrower Address

1200 W Lafayette St

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091-1093

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

407700.00

Current Approval Amount

407700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33709

Servicing Lender Name

Century Bank and Trust

Servicing Lender Address

100 W Chicago St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1899

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sturgis

Project County Name

SAINT JOSEPH

Project State

MI

Project Zip

49091-1093

CD

MI-06

Jobs Reported

21

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

407697.00

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

Subchapter S Corporation

Originating Lender Location Id

33709

Originating Lender

Century Bank and Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

412011.57

Forgiveness Date

02/17/2022

;