PPP Loan information for Western industrial tooling inc

$496,003

Western industrial tooling inc was initially approved for PPP Loan of amount $496,003, the current approved amount is $496,003. The loan was approved on 01/30/2021 by The Heritage Bank reported 20 jobs and $496,003 was used to fund payroll.

Western industrial tooling inc is Existing or more than 2 years old

WESTERN INDUSTRIAL TOOLING INC

Date Approved

01/30/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

WESTERN INDUSTRIAL TOOLING INC

Borrower Address

14511 NE 87th St

Borrower City

Redmond

Borrower State

WA

Borrower Zip

98052-3431

Loan Status Date

09/09/2022

Loan Status

Charged Off

Term

41

SBA Guaranty Percentage

100

Initial Approval Amount

496002.50

Current Approval Amount

496002.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Redmond

Project County Name

KING

Project State

WA

Project Zip

98052-3431

CD

WA-01

Jobs Reported

20

NAICS Code

424990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

495997.50

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

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

339063.24

Forgiveness Date

05/23/2022

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