Toefco Engineering, Inc.
$433,700 PPP Loan in Niles, Michigan
Loan Details
- Loan Number
- 6845487008
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $433,700
- Current Approval
- $433,700
- Forgiveness Amount
- $437,314
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Toefco Engineering, Inc.
- Address
- 1220 North 14th Street
- City
- Niles
- State
- Michigan
- ZIP Code
- 49120-1821
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332812)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 62
- Estimated Revenue
- $15.2M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $433,700
Lender Information
- Servicing Lender
- 1st Source Bank
- Originating Lender
- 1st Source Bank
Other PPP Loans in Niles, MI
| Business | Approved | |
|---|---|---|
| Modineer Company LLC | $7,214,200 | |
| Jnko Management INC | $1,832,500 | |
| Paragon Tempered Glass, LLC | $1,752,800 | |
| Selge Construction Co., Inc. | $1,519,222 | |
| C & S Machine Products INC | $1,483,800 |
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