PPP Loan information for Sequoia tool inc

$1,551,600

Sequoia tool inc was initially approved for PPP Loan of amount $1,551,600, the current approved amount is $1,551,600. The loan was approved on 04/07/2020 by The CIBC Bank USA reported 99 jobs and $1,551,600 was used to fund payroll.

Sequoia tool inc is Existing or more than 2 years old

PPP Loan Search / MI / CLINTON TOWNSHIP / Sequoia tool inc

SEQUOIA TOOL INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SEQUOIA TOOL INC

Borrower Address

44831 N GROESBECK HWY

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48036-1124

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1551600.00

Current Approval Amount

1551600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48036-1124

CD

MI-10

Jobs Reported

99

NAICS Code

336370

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1551600.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1564607.93

Forgiveness Date

02/10/2021

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