Date Approved
04/29/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
VEIT TOOL & GAGE, INC.
Borrower Address
303 S. DAYTON ST
Borrower City
DAVISON
Borrower State
MI
Borrower Zip
48423-1501
Loan Status Date
02/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
177666.45
Current Approval Amount
160826.12
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98922
Servicing Lender Name
Credit Union One
Servicing Lender Address
400 E 9 Mile Rd
Servicing Lender City
FERNDALE
Servicing Lender State
Servicing Lender Zip
48220-1774
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GENESEE
Project State
Project Zip
CD
MI-08
Jobs Reported
11
NAICS Code
333514
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
6295.84
Payroll Proceed
133517.45
Mortgage Interest Proceed
Rent Proceed
6295.83
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
14717
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
161848.36
Forgiveness Date
01/07/2021