PPP Loan information for Toolrite mfg co inc

$861,707

Toolrite mfg co inc was initially approved for PPP Loan of amount $861,707, the current approved amount is $861,707. The loan was approved on 04/07/2020 by The WaterStone Bank, SSB reported 66 jobs and $861,707 was used to fund payroll.

Toolrite mfg co inc is Existing or more than 2 years old

PPP Loan Search / WI / NEW BERLIN / Toolrite mfg co inc

TOOLRITE MFG CO INC

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

TOOLRITE MFG CO INC

Borrower Address

1600 W LINCOLN AVE

Borrower City

NEW BERLIN

Borrower State

WI

Borrower Zip

53151-2850

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

861707.00

Current Approval Amount

861707.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79567

Servicing Lender Name

WaterStone Bank, SSB

Servicing Lender Address

11200 W Plank Ct

Servicing Lender City

WAUWATOSA

Servicing Lender State

WI

Servicing Lender Zip

53226-3250

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BERLIN

Project County Name

WAUKESHA

Project State

WI

Project Zip

53151-2850

CD

WI-05

Jobs Reported

66

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

861707.00

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

Subchapter S Corporation

Originating Lender Location Id

79567

Originating Lender

WaterStone Bank, SSB

Originating Lender City

WAUWATOSA

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

866637.88

Forgiveness Date

11/03/2020

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