PPP Loan information for Tooling specialists inc

$695,900

Tooling specialists inc was initially approved for PPP Loan of amount $695,900, the current approved amount is $695,900. The loan was approved on 04/08/2020 by The Somerset Trust Company reported 57 jobs and $695,900 was used to fund payroll.

Tooling specialists inc is Existing or more than 2 years old

TOOLING SPECIALISTS INC

Date Approved

04/08/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

TOOLING SPECIALISTS INC

Borrower Address

433 Fayette Street PO Box 828

Borrower City

LATROBE

Borrower State

PA

Borrower Zip

15650-5341

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

695900.00

Current Approval Amount

695900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65337

Servicing Lender Name

Somerset Trust Company

Servicing Lender Address

151 W Main St

Servicing Lender City

SOMERSET

Servicing Lender State

PA

Servicing Lender Zip

15501-2041

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LATROBE

Project County Name

WESTMORELAND

Project State

PA

Project Zip

15650-5341

CD

PA-14

Jobs Reported

57

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

695900.00

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

65337

Originating Lender

Somerset Trust Company

Originating Lender City

SOMERSET

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

699746.78

Forgiveness Date

11/03/2020

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