PPP Loan information for Tools unlimited, inc.

$117,940

Tools unlimited, inc. was initially approved for PPP Loan of amount $650,000, the current approved amount is $117,940. The loan was approved on 04/10/2020 by The Merrimack Valley CU reported 10 jobs and $117,940 was used to fund payroll.

Tools unlimited, inc. is New Business or 2 years or less

TOOLS UNLIMITED, INC.

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

TOOLS UNLIMITED, INC.

Borrower Address

31 EASTMAN ST

Borrower City

SOUTH EASTON

Borrower State

MA

Borrower Zip

02375-1279

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650000.00

Current Approval Amount

117940.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98420

Servicing Lender Name

Merrimack Valley CU

Servicing Lender Address

500 Merrimack St

Servicing Lender City

LAWRENCE

Servicing Lender State

MA

Servicing Lender Zip

01843-1981

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOUTH EASTON

Project County Name

BRISTOL

Project State

MA

Project Zip

02375-1279

CD

MA-08

Jobs Reported

10

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

117940.00

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

98420

Originating Lender

Merrimack Valley CU

Originating Lender City

LAWRENCE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119430.63

Forgiveness Date

07/29/2021

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