PPP Loan information for R and a tool and engineering company

$240,800

R and a tool and engineering company was initially approved for PPP Loan of amount $240,800, the current approved amount is $240,800. The loan was approved on 04/29/2020 by The Comerica Bank reported 16 jobs and $240,800 was used to fund payroll.

R and a tool and engineering company is Existing or more than 2 years old

R AND A TOOL AND ENGINEERING COMPANY

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

R AND A TOOL AND ENGINEERING COMPANY

Borrower Address

39127 Ford Rd.

Borrower City

Westland

Borrower State

MI

Borrower Zip

48185-1963

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

240800.00

Current Approval Amount

240800.00

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

Westland

Project County Name

WAYNE

Project State

MI

Project Zip

48185-1963

CD

MI-12

Jobs Reported

16

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

192719.36

Mortgage Interest Proceed

48080.64

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

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

242378.58

Forgiveness Date

12/23/2020

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