PPP Loan information for General tool company

$63,600

General tool company was initially approved for PPP Loan of amount $63,600, the current approved amount is $63,600. The loan was approved on 04/06/2020 by The Montgomery Bank reported 7 jobs and $63,600 was used to fund payroll.

General tool company is New Business or 2 years or less

GENERAL TOOL COMPANY

Date Approved

04/06/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

GENERAL TOOL COMPANY

Borrower Address

2100 RUST AVE

Borrower City

CAPE GIRARDEAU

Borrower State

MO

Borrower Zip

63703-7667

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

63600.00

Current Approval Amount

63600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41423

Servicing Lender Name

Montgomery Bank

Servicing Lender Address

One Montgomery Bank Plz

Servicing Lender City

SIKESTON

Servicing Lender State

MO

Servicing Lender Zip

63801-3069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CAPE GIRARDEAU

Project County Name

CAPE GIRARDEAU

Project State

MO

Project Zip

63703-7667

CD

MO-08

Jobs Reported

7

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6300.00

Payroll Proceed

51000.00

Mortgage Interest Proceed

0.00

Rent Proceed

6300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

41423

Originating Lender

Montgomery Bank

Originating Lender City

SIKESTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63962.17

Forgiveness Date

11/05/2020

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