# PPP loan: TOOLING & EQUIPMENT INTERNATIONAL CORP
> **$1.63M** approved 04/09/2020 · Paid in Full · Loan `9053927004`
## Borrower
- **Name:** TOOLING & EQUIPMENT INTERNATIONAL CORP
- **Address:** 12550 Tech Center Dr, LIVONIA, MI, 48150-2192
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Jobs reported:** 98
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*