Date Approved
02/24/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
PREFERRED TOOL & DIE COMPANY INCORPORATED
Borrower Address
5400 West River Dr NE
Borrower City
Comstock Park
Borrower State
MI
Borrower Zip
49321-8543
Loan Status Date
01/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
337500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36555
Servicing Lender Name
United Bank of Michigan
Servicing Lender Address
900 E Paris Ave SE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49546-3676
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
19
NAICS Code
333514
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
337495.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
340293.75
Forgiveness Date
12/29/2021