PPP Loan information for Special tool & engineering inc

$427,352

Special tool & engineering inc was initially approved for PPP Loan of amount $427,352, the current approved amount is $427,352. The loan was approved on 02/02/2021 by The Loan Source Incorporated reported 46 jobs and $427,352 was used to fund payroll.

Special tool & engineering inc is Existing or more than 2 years old

SPECIAL TOOL & ENGINEERING INC

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SPECIAL TOOL & ENGINEERING INC

Borrower Address

33910 James J Pompo Dr

Borrower City

Fraser

Borrower State

MI

Borrower Zip

48026-3470

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

427352.00

Current Approval Amount

427352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fraser

Project County Name

MACOMB

Project State

MI

Project Zip

48026-3470

CD

MI-10

Jobs Reported

46

NAICS Code

333511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

427347.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

432000.18

Forgiveness Date

03/15/2022

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