PPP Loan information for Vortex tool company, inc.

$557,000

Vortex tool company, inc. was initially approved for PPP Loan of amount $557,000, the current approved amount is $557,000. The loan was approved on 04/27/2020 by The Peoples State Bank reported 40 jobs and $557,000 was used to fund payroll.

Vortex tool company, inc. is Existing or more than 2 years old

PPP Loan Search / WI / SCHOFIELD / Vortex tool company, inc.

VORTEX TOOL COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

VORTEX TOOL COMPANY, INC.

Borrower Address

5605 E JELINEK AVE

Borrower City

SCHOFIELD

Borrower State

WI

Borrower Zip

54476-4236

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557000.00

Current Approval Amount

557000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHOFIELD

Project County Name

MARATHON

Project State

WI

Project Zip

54476-4236

CD

WI-07

Jobs Reported

40

NAICS Code

332216

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

516000.00

Mortgage Interest Proceed

0.00

Rent Proceed

31000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

560666.92

Forgiveness Date

12/28/2020

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