PPP Loan information for Sussex tool & supply, inc.

$774,557

Sussex tool & supply, inc. was initially approved for PPP Loan of amount $774,557, the current approved amount is $774,557. The loan was approved on 04/09/2020 by The Cornerstone Community Bank reported 50 jobs and $774,557 was used to fund payroll.

Sussex tool & supply, inc. is Existing or more than 2 years old

SUSSEX TOOL & SUPPLY, INC.

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SUSSEX TOOL & SUPPLY, INC.

Borrower Address

N62W22632 VILLAGE DR

Borrower City

SUSSEX

Borrower State

WI

Borrower Zip

53089-3972

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

774556.74

Current Approval Amount

774556.74

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116677

Servicing Lender Name

Cornerstone Community Bank

Servicing Lender Address

2090 Wisconsin Ave

Servicing Lender City

GRAFTON

Servicing Lender State

WI

Servicing Lender Zip

53024-2607

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUSSEX

Project County Name

WAUKESHA

Project State

WI

Project Zip

53089-3972

CD

WI-05

Jobs Reported

50

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

193639.19

Payroll Proceed

580917.55

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

116677

Originating Lender

Cornerstone Community Bank

Originating Lender City

GRAFTON

Originating Lender State

WI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

784346.28

Forgiveness Date

07/19/2021

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