PPP Loan information for Power tools & supply inc

$297,700

Power tools & supply inc was initially approved for PPP Loan of amount $297,700, the current approved amount is $297,700. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 19 jobs and $297,700 was used to fund payroll.

Power tools & supply inc is Existing or more than 2 years old

PPP Loan Search / MI / WALLED LAKE / Power tools & supply inc

POWER TOOLS & SUPPLY INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

POWER TOOLS & SUPPLY INC

Borrower Address

8551 BOULDER CT

Borrower City

WALLED LAKE

Borrower State

MI

Borrower Zip

48390-4138

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

297700.00

Current Approval Amount

297700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALLED LAKE

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-4138

CD

MI-11

Jobs Reported

19

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

297700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301049.12

Forgiveness Date

06/03/2021

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