Vortex Tool Company, Inc.

$557,000 PPP Loan in Schofield, Wisconsin

Loan Details

Loan Number
3946117204
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$557,000
Current Approval
$557,000
Forgiveness Amount
$560,667
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Vortex Tool Company, Inc.
Address
5605 E Jelinek Ave
ZIP Code
54476-4236
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332216)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$9.8M
Rural/Urban
Rural
Congressional District
WI-07

Loan Use Breakdown

Payroll
$516,000
Rent
$31,000
Utilities
$10,000

Lender Information

Servicing Lender
Peoples State Bank
Originating Lender
Peoples State Bank

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