Todd Tool & Abrasive Systems, Inc.
$207,100 PPP Loan in Ipswich, Massachusetts
Loan Details
- Loan Number
- 3007127100
- Date Approved
- Apr 11, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $207,100
- Current Approval
- $195,400
- Forgiveness Amount
- $196,952
- Forgiveness Date
- Feb 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Todd Tool & Abrasive Systems, Inc.
- Address
- 56 Turnpike Rd
- City
- Ipswich
- State
- Massachusetts
- ZIP Code
- 01938-1050
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 11
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MA-06
Loan Use Breakdown
- Payroll
- $195,400
Lender Information
- Servicing Lender
- Salem Five Cents Savings Bank
- Originating Lender
- Salem Five Cents Savings Bank
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