Utility Tool Company, Inc.
$183,200 PPP Loan in Irondale, Alabama
Loan Details
- Loan Number
- 5502087010
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $183,200
- Current Approval
- $183,200
- Forgiveness Amount
- $184,314
- Forgiveness Date
- Nov 20, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Utility Tool Company, Inc.
- Address
- 2900 Commerce Blvd
- City
- Irondale
- State
- Alabama
- ZIP Code
- 35210-1218
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334519)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- AL-06
Loan Use Breakdown
- Payroll
- $137,400
- Rent
- $9,160
- Utilities
- $9,160
- Health Care
- $9,160
- Mortgage Interest
- $9,160
- Debt Interest
- $9,160
Lender Information
- Servicing Lender
- Oakworth Capital Bank
- Originating Lender
- Oakworth Capital Bank
Other PPP Loans in Irondale, AL
| Business | Approved | |
|---|---|---|
| Ats Operating LLC | $5,119,700 | |
| Morris-Shea Bridge Company, INC | $4,840,400 | |
| Methodist Home for the Aging Inc. | $4,702,973 | |
| Bij Motors Al, LLC | $2,820,600 | |
| Building & Earth Sciences, Inc. | $2,502,390 |
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