PPP Loan information for Tool north inc

$565,500

Tool north inc was initially approved for PPP Loan of amount $565,500, the current approved amount is $565,500. The loan was approved on 04/11/2020 by The Independent Bank reported 44 jobs and $565,500 was used to fund payroll.

Tool north inc is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Tool north inc

TOOL NORTH INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TOOL NORTH INC

Borrower Address

2475 N. AERO PARK CT

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-9262

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565500.00

Current Approval Amount

565500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-9262

CD

MI-01

Jobs Reported

44

NAICS Code

333249

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

565500.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

568688.79

Forgiveness Date

11/05/2020

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