PPP Loan information for Cincinnati tool steel co.

$1,554,769

Cincinnati tool steel co. was initially approved for PPP Loan of amount $1,554,769, the current approved amount is $1,554,769. The loan was approved on 02/18/2021 by The HTLF Bank reported 155 jobs and $1,554,769 was used to fund payroll.

Cincinnati tool steel co. is Existing or more than 2 years old

CINCINNATI TOOL STEEL CO.

Date Approved

02/18/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CINCINNATI TOOL STEEL CO.

Borrower Address

5190 28th Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61109-1721

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1554769.00

Current Approval Amount

1554769.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444645

Servicing Lender Name

HTLF Bank

Servicing Lender Address

1800 Larimer St, Ste 100

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80202-1404

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-1721

CD

IL-17

Jobs Reported

155

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1554769.00

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

Subchapter S Corporation

Originating Lender Location Id

444645

Originating Lender

HTLF Bank

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1564566.17

Forgiveness Date

10/08/2021

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