PPP Loan information for Tool technology, inc.

$294,600

Tool technology, inc. was initially approved for PPP Loan of amount $343,400, the current approved amount is $294,600. The loan was approved on 04/03/2020 by The North Shore Bank, a Co-operative Bank reported 20 jobs and $294,600 was used to fund payroll.

Tool technology, inc. is Existing or more than 2 years old

PPP Loan Search / MA / MIDDLETON / Tool technology, inc.

TOOL TECHNOLOGY, INC.

Date Approved

04/03/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TOOL TECHNOLOGY, INC.

Borrower Address

3 AJOOTIAN WAY

Borrower City

MIDDLETON

Borrower State

MA

Borrower Zip

01949-2484

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

343400.00

Current Approval Amount

294600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETON

Project County Name

ESSEX

Project State

MA

Project Zip

01949-2484

CD

MA-06

Jobs Reported

20

NAICS Code

332112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

294600.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

298176.12

Forgiveness Date

06/22/2021

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