PPP Loan information for Salvo tool & engineering co., inc

$49,915

Salvo tool & engineering co., inc was initially approved for PPP Loan of amount $49,915, the current approved amount is $49,915. The loan was approved on 05/15/2020 by The Tri-County Bank reported 11 jobs and $49,915 was used to fund payroll.

Salvo tool & engineering co., inc is Existing or more than 2 years old

PPP Loan Search / MI / Brown City / Salvo tool & engineering co., inc

SALVO TOOL & ENGINEERING CO., INC

Date Approved

05/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SALVO TOOL & ENGINEERING CO., INC

Borrower Address

3948 Burnsline Road

Borrower City

Brown City

Borrower State

MI

Borrower Zip

48444

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49915.00

Current Approval Amount

49915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33642

Servicing Lender Name

Tri-County Bank

Servicing Lender Address

4222 Main St

Servicing Lender City

BROWN CITY

Servicing Lender State

MI

Servicing Lender Zip

48416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brown City

Project County Name

LAPEER

Project State

MI

Project Zip

48444-0001

CD

MI-09

Jobs Reported

11

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49915.00

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

33642

Originating Lender

Tri-County Bank

Originating Lender City

BROWN CITY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50161.16

Forgiveness Date

11/19/2020

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