PPP Loan information for Midwest gear & tool, inc.

$373,500

Midwest gear & tool, inc. was initially approved for PPP Loan of amount $373,500, the current approved amount is $373,500. The loan was approved on 04/27/2020 by The Comerica Bank reported 48 jobs and $373,500 was used to fund payroll.

Midwest gear & tool, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Roseville / Midwest gear & tool, inc.

MIDWEST GEAR & TOOL, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MIDWEST GEAR & TOOL, INC.

Borrower Address

15700 Common Road

Borrower City

Roseville

Borrower State

MI

Borrower Zip

48066-1893

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

373500.00

Current Approval Amount

373500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

MACOMB

Project State

MI

Project Zip

48066-1893

CD

MI-10

Jobs Reported

48

NAICS Code

333612

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

298830.00

Mortgage Interest Proceed

74670.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

376643.62

Forgiveness Date

03/01/2021

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