PPP Loan information for United tool & machine corporation

$465,100

United tool & machine corporation was initially approved for PPP Loan of amount $465,100, the current approved amount is $465,100. The loan was approved on 04/15/2020 by The Enterprise Bank and Trust Company reported 55 jobs and $465,100 was used to fund payroll.

United tool & machine corporation is Existing or more than 2 years old

PPP Loan Search / MA / WILMINGTON / United tool & machine corporation

UNITED TOOL & MACHINE CORPORATION

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

UNITED TOOL & MACHINE CORPORATION

Borrower Address

98 EAMES ST

Borrower City

WILMINGTON

Borrower State

MA

Borrower Zip

01887-3370

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

465100.00

Current Approval Amount

465100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01887-3370

CD

MA-06

Jobs Reported

55

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

465100.00

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

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

468329.86

Forgiveness Date

12/31/2020

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