PPP Loan information for Tool systems inc

$444,703

Tool systems inc was initially approved for PPP Loan of amount $444,703, the current approved amount is $444,703. The loan was approved on 04/07/2020 by The Truist Bank reported 33 jobs and $444,703 was used to fund payroll.

Tool systems inc is Existing or more than 2 years old

TOOL SYSTEMS INC

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

TOOL SYSTEMS INC

Borrower Address

2220 Centre Park Ct.

Borrower City

STONE MOUNTAIN

Borrower State

GA

Borrower Zip

30087-3544

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

444702.50

Current Approval Amount

444702.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STONE MOUNTAIN

Project County Name

DEKALB

Project State

GA

Project Zip

30087-3544

CD

GA-07

Jobs Reported

33

NAICS Code

423430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

444702.50

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

447185.42

Forgiveness Date

11/03/2020

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