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
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

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