Ostrem Tool Company INC

$1,038,200 PPP Loan in Lyman, South Carolina

Loan Details

Loan Number
3186107110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,038,200
Current Approval
$1,038,200
Forgiveness Amount
$803,975
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ostrem Tool Company INC
Address
205 Inman Rd
City
Lyman
ZIP Code
29365-1409
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335129)
Business Age
New Business or 2 years or less
Jobs Reported
93
Estimated Revenue
$24.4M
Rural/Urban
Urban
Congressional District
SC-04

Loan Use Breakdown

Payroll
$1,038,200

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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