PPP Loan information for Vortec tooling solutions inc.

$305,220

Vortec tooling solutions inc. was initially approved for PPP Loan of amount $305,220, the current approved amount is $305,220. The loan was approved on 01/31/2021 by The First National Bank of Michigan reported 18 jobs and $305,220 was used to fund payroll.

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

VORTEC TOOLING SOLUTIONS INC.

Date Approved

01/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VORTEC TOOLING SOLUTIONS INC.

Borrower Address

201 W Washington Ave Ste 100

Borrower City

Zeeland

Borrower State

MI

Borrower Zip

49464-1090

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

305220.00

Current Approval Amount

305220.00

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

49464-1090

CD

MI-02

Jobs Reported

18

NAICS Code

333517

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

305220.00

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

307444.34

Forgiveness Date

10/26/2021

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