PPP Loan information for Vortec tooling solutions, inc.

$225,632

Vortec tooling solutions, inc. was initially approved for PPP Loan of amount $225,632, the current approved amount is $225,632. The loan was approved on 04/16/2020 by The First National Bank of Michigan reported 17 jobs and $225,632 was used to fund payroll.

Vortec tooling solutions, inc. is Existing or more than 2 years old

VORTEC TOOLING SOLUTIONS, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

VORTEC TOOLING SOLUTIONS, INC.

Borrower Address

201 W WASHINGTON AVE

Borrower City

ZEELAND

Borrower State

MI

Borrower Zip

49464-1085

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225632.00

Current Approval Amount

225632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ZEELAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49464-1085

CD

MI-02

Jobs Reported

17

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

225632.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227622.51

Forgiveness Date

03/08/2021

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