Innovative Tool Inc.

$449,400 PPP Loan in Chesterfield, Michigan

Loan Details

Loan Number
4877718301
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$449,400
Current Approval
$449,400
Forgiveness Amount
$451,702
Forgiveness Date
Aug 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Innovative Tool Inc.
Address
28195 Kehrig St
ZIP Code
48047-5218
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$449,398
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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