PPP Loan information for Reliable tool & machine company inc

$1,254,100

Reliable tool & machine company inc was initially approved for PPP Loan of amount $1,254,100, the current approved amount is $1,254,100. The loan was approved on 04/04/2020 by The STAR Financial Bank reported 126 jobs and $1,254,100 was used to fund payroll.

Reliable tool & machine company inc is Existing or more than 2 years old

PPP Loan Search / IN / KENDALLVILLE / Reliable tool & machine company inc

RELIABLE TOOL & MACHINE COMPANY INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RELIABLE TOOL & MACHINE COMPANY INC

Borrower Address

301 W Ohio St

Borrower City

KENDALLVILLE

Borrower State

IN

Borrower Zip

46755-2017

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1254100.00

Current Approval Amount

1254100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24398

Servicing Lender Name

STAR Financial Bank

Servicing Lender Address

127 W Berry St

Servicing Lender City

FORT WAYNE

Servicing Lender State

IN

Servicing Lender Zip

46802-2315

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KENDALLVILLE

Project County Name

NOBLE

Project State

IN

Project Zip

46755-2017

CD

IN-03

Jobs Reported

126

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40686.00

Payroll Proceed

1153348.00

Mortgage Interest Proceed

0.00

Rent Proceed

20066.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

40000

Business Type

Corporation

Originating Lender Location Id

24398

Originating Lender

STAR Financial Bank

Originating Lender City

FORT WAYNE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1265713.31

Forgiveness Date

03/18/2021

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