PPP Loan information for Midwest tool and cutlery company

$870,693

Midwest tool and cutlery company was initially approved for PPP Loan of amount $870,693, the current approved amount is $870,693. The loan was approved on 02/02/2021 by The KeyBank National Association reported 104 jobs and $870,693 was used to fund payroll.

Midwest tool and cutlery company is Existing or more than 2 years old

MIDWEST TOOL AND CUTLERY COMPANY

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MIDWEST TOOL AND CUTLERY COMPANY

Borrower Address

1210 Progress St

Borrower City

Sturgis

Borrower State

MI

Borrower Zip

49091-9386

Loan Status Date

08/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

870693.00

Current Approval Amount

870693.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

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

49091-9386

CD

MI-06

Jobs Reported

104

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

870693.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

881546.84

Forgiveness Date

05/26/2022

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