PPP Loan information for State tool, inc.

$103,530

State tool, inc. was initially approved for PPP Loan of amount $103,530, the current approved amount is $103,530. The loan was approved on 06/29/2020 by The North Star Bank reported 7 jobs and $103,530 was used to fund payroll.

State tool, inc. is Existing or more than 2 years old

STATE TOOL, INC.

Date Approved

06/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STATE TOOL, INC.

Borrower Address

3941 White Bear Parkway

Borrower City

White Bear Lake

Borrower State

MN

Borrower Zip

55110-4360

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103530.00

Current Approval Amount

103530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38852

Servicing Lender Name

North Star Bank

Servicing Lender Address

1820 N Lexington Ave

Servicing Lender City

ROSEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55113-6153

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

White Bear Lake

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-4360

CD

MN-04

Jobs Reported

7

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

96740.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6790.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38852

Originating Lender

North Star Bank

Originating Lender City

ROSEVILLE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104176.71

Forgiveness Date

02/16/2021

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