PPP Loan information for Toolmaster inc.

$144,500

Toolmaster inc. was initially approved for PPP Loan of amount $144,500, the current approved amount is $144,500. The loan was approved on 01/26/2021 by The 1st Source Bank reported 11 jobs and $144,500 was used to fund payroll.

Toolmaster inc. is Existing or more than 2 years old

TOOLMASTER INC.

Date Approved

01/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

TOOLMASTER INC.

Borrower Address

1203 E 6th St

Borrower City

Mishawaka

Borrower State

IN

Borrower Zip

46544-2821

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144500.00

Current Approval Amount

144500.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mishawaka

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46544-2821

CD

IN-02

Jobs Reported

11

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

144499.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

145732.26

Forgiveness Date

12/01/2021

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