PPP Loan information for Speedwrench inc

$2,281,698

Speedwrench inc was initially approved for PPP Loan of amount $2,281,698, the current approved amount is $2,281,698. The loan was approved on 04/11/2020 by The The Huntington National Bank reported 172 jobs and $2,281,698 was used to fund payroll.

Speedwrench inc is Existing or more than 2 years old

SPEEDWRENCH INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SPEEDWRENCH INC

Borrower Address

3364 Quincy St

Borrower City

HUDSONVILLE

Borrower State

MI

Borrower Zip

49426-7834

Loan Status Date

Loan Status

Exemption 4

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

2281697.50

Current Approval Amount

2281697.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUDSONVILLE

Project County Name

OTTAWA

Project State

MI

Project Zip

49426-7834

CD

MI-02

Jobs Reported

172

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2281697.50

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2133358.62

Forgiveness Date

05/28/2021

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