PPP Loan information for Salerno tool works inc.

$43,000

Salerno tool works inc. was initially approved for PPP Loan of amount $43,000, the current approved amount is $43,000. The loan was approved on 02/04/2021 by The Comerica Bank reported 3 jobs and $43,000 was used to fund payroll.

Salerno tool works inc. is Existing or more than 2 years old

SALERNO TOOL WORKS INC.

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SALERNO TOOL WORKS INC.

Borrower Address

21034 Ryan Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48091-2740

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43000.00

Current Approval Amount

43000.00

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

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48091-2740

CD

MI-10

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

42998.00

Mortgage Interest Proceed

0.00

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

43434.78

Forgiveness Date

02/08/2022

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