PPP Loan information for General tool company, inc

$4,425,300

General tool company, inc was initially approved for PPP Loan of amount $4,425,300, the current approved amount is $4,425,300. The loan was approved on 04/13/2020 by The PNC Bank, National Association reported 250 jobs and $4,425,300 was used to fund payroll.

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

GENERAL TOOL COMPANY, INC

Date Approved

04/13/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

GENERAL TOOL COMPANY, INC

Borrower Address

101 LANDY LN

Borrower City

CINCINNATI

Borrower State

OH

Borrower Zip

45215-3441

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4425300.00

Current Approval Amount

4425300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CINCINNATI

Project County Name

HAMILTON

Project State

OH

Project Zip

45215-3441

CD

OH-01

Jobs Reported

250

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4425300.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

4478772.37

Forgiveness Date

06/24/2021

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