Tooling Systems Group Inc.

$562,277 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
6612217007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$562,277
Current Approval
$562,277
Forgiveness Amount
$569,579
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tooling Systems Group Inc.
Address
555 Plymouth Ave
ZIP Code
49505-6029
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541990)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$398,539
Rent
$106,406
Utilities
$6,049
Health Care
$51,283

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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