True Cut Tool Co.

$240,405 PPP Loan in New Carlisle, Ohio

Loan Details

Loan Number
6943228610
Date Approved
Mar 23, 2021
Loan Status
Paid in Full
Initial Approval
$240,405
Current Approval
$240,405
Forgiveness Amount
$241,960
Forgiveness Date
Nov 15, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
True Cut Tool Co.
Address
10153 Detrick Jordan Pike
State
Ohio
ZIP Code
45344-9386
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-15

Loan Use Breakdown

Payroll
$240,402
Utilities
$1

Lender Information

Servicing Lender
Farmers & Merchants Bank
Originating Lender
Farmers & Merchants Bank

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