Master Carbide Tools Company

$282,620 PPP Loan in Painesville, Ohio

Loan Details

Loan Number
7006017109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$282,620
Current Approval
$282,620
Forgiveness Amount
$284,755
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Master Carbide Tools Company
Address
55 Florence Avenue
State
Ohio
ZIP Code
44077
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
OH-14

Loan Use Breakdown

Payroll
$282,620

Lender Information

Servicing Lender
Fifth Third Bank
Originating Lender
Fifth Third Bank

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