PPP Loan information for Toefco engineering, inc.

$433,700

Toefco engineering, inc. was initially approved for PPP Loan of amount $433,700, the current approved amount is $433,700. The loan was approved on 04/07/2020 by The 1st Source Bank reported 62 jobs and $433,700 was used to fund payroll.

Toefco engineering, inc. is Existing or more than 2 years old

PPP Loan Search / MI / NILES / Toefco engineering, inc.

TOEFCO ENGINEERING, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TOEFCO ENGINEERING, INC.

Borrower Address

1220 North 14th Street

Borrower City

NILES

Borrower State

MI

Borrower Zip

49120-1821

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433700.00

Current Approval Amount

433700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NILES

Project County Name

BERRIEN

Project State

MI

Project Zip

49120-1821

CD

MI-06

Jobs Reported

62

NAICS Code

332812

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433700.00

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

Subchapter S Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

437314.17

Forgiveness Date

02/09/2021

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