PPP Loan information for Rts cutting tools, inc.

$185,500

Rts cutting tools, inc. was initially approved for PPP Loan of amount $185,500, the current approved amount is $185,500. The loan was approved on 04/29/2020 by The Comerica Bank reported 14 jobs and $185,500 was used to fund payroll.

Rts cutting tools, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Twp. / Rts cutting tools, inc.

RTS CUTTING TOOLS, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RTS CUTTING TOOLS, INC.

Borrower Address

24100 Capital, Blvd.

Borrower City

Clinton Twp.

Borrower State

MI

Borrower Zip

48036-1338

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185500.00

Current Approval Amount

185500.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Twp.

Project County Name

MACOMB

Project State

MI

Project Zip

48036-1338

CD

MI-10

Jobs Reported

14

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154800.00

Mortgage Interest Proceed

30700.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

187004.61

Forgiveness Date

02/17/2021

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