Rare Tool, Inc.

$225,177 PPP Loan in Tecumseh, Michigan

Loan Details

Loan Number
2380077102
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$225,177
Current Approval
$225,177
Forgiveness Amount
$226,997
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rare Tool, Inc.
Address
300 E. Russell Road
ZIP Code
49286-2058
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$180,142
Utilities
$11,259
Mortgage Interest
$33,776

Lender Information

Servicing Lender
County National Bank
Originating Lender
County National Bank

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