Innovative Tool, Inc.

$449,400 PPP Loan in Chesterfield, Michigan

Loan Details

Loan Number
7494017009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$449,400
Current Approval
$449,400
Forgiveness Amount
$452,269
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Innovative Tool, Inc.
Address
28195 Kehrig St
ZIP Code
48047-5218
Business Type
Corporation
Industry (NAICS)
Manufacturing (333318)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$449,400

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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