Midlands Tooling Systems, INC

$133,000 PPP Loan in Lugoff, South Carolina

Loan Details

Loan Number
5710887008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$133,000
Current Approval
$133,000
Forgiveness Amount
$134,312
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Midlands Tooling Systems, INC
Address
152 Boulware Road
City
Lugoff
ZIP Code
29078
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
SC-05

Loan Use Breakdown

Payroll
$110,000
Utilities
$5,000
Mortgage Interest
$18,000

Lender Information

Servicing Lender
First Palmetto Bank
Originating Lender
First Palmetto Bank

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