PPP Loan information for Rare tool, inc.

$225,177

Rare tool, inc. was initially approved for PPP Loan of amount $225,177, the current approved amount is $225,177. The loan was approved on 04/10/2020 by The County National Bank reported 19 jobs and $225,177 was used to fund payroll.

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

PPP Loan Search / MI / TECUMSEH / Rare tool, inc.

RARE TOOL, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RARE TOOL, INC.

Borrower Address

300 E. Russell Road

Borrower City

TECUMSEH

Borrower State

MI

Borrower Zip

49286-2058

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225177.00

Current Approval Amount

225177.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35318

Servicing Lender Name

County National Bank

Servicing Lender Address

One S Howell St

Servicing Lender City

HILLSDALE

Servicing Lender State

MI

Servicing Lender Zip

49242-1811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TECUMSEH

Project County Name

LENAWEE

Project State

MI

Project Zip

49286-2058

CD

MI-07

Jobs Reported

19

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11259.00

Payroll Proceed

180142.00

Mortgage Interest Proceed

33776.00

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

35318

Originating Lender

County National Bank

Originating Lender City

HILLSDALE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226997.18

Forgiveness Date

02/09/2021

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