PPP Loan information for Nu-tool industries inc.

$216,350

Nu-tool industries inc. was initially approved for PPP Loan of amount $216,350, the current approved amount is $216,350. The loan was approved on 02/12/2021 by The The Huntington National Bank reported 15 jobs and $216,350 was used to fund payroll.

Nu-tool industries inc. is Existing or more than 2 years old

PPP Loan Search / OH / North Royalton / Nu-tool industries inc.

NU-TOOL INDUSTRIES INC.

Date Approved

02/12/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

NU-TOOL INDUSTRIES INC.

Borrower Address

9920 York Alpha Dr

Borrower City

North Royalton

Borrower State

OH

Borrower Zip

44133-3510

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

216350.00

Current Approval Amount

216350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Royalton

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44133-3510

CD

OH-07

Jobs Reported

15

NAICS Code

332710

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

216348.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

218217.13

Forgiveness Date

12/29/2021

;