PPP Loan information for Patco air tool, inc.

$78,800

Patco air tool, inc. was initially approved for PPP Loan of amount $78,800, the current approved amount is $78,800. The loan was approved on 04/30/2020 by The Comerica Bank reported 7 jobs and $78,800 was used to fund payroll.

Patco air tool, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LAKE ORION / Patco air tool, inc.

PATCO AIR TOOL, INC.

Date Approved

04/30/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PATCO AIR TOOL, INC.

Borrower Address

100 ENGELWOOD DR Ste G

Borrower City

LAKE ORION

Borrower State

MI

Borrower Zip

48359-2411

Loan Status Date

04/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78800.00

Current Approval Amount

78800.00

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

LAKE ORION

Project County Name

OAKLAND

Project State

MI

Project Zip

48359-2411

CD

MI-09

Jobs Reported

7

NAICS Code

333991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

63112.00

Mortgage Interest Proceed

15688.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76287.53

Forgiveness Date

05/06/2021

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