PPP Loan information for Circle cutting tools inc

$34,600

Circle cutting tools inc was initially approved for PPP Loan of amount $34,600, the current approved amount is $34,600. The loan was approved on 05/01/2020 by The Resource Bank, National Association reported 3 jobs and $34,600 was used to fund payroll.

Circle cutting tools inc is Unanswered

PPP Loan Search / IL / ROCKFORD / Circle cutting tools inc

CIRCLE CUTTING TOOLS INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CIRCLE CUTTING TOOLS INC

Borrower Address

3161 FOREST VIEW RD

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109-1641

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34600.00

Current Approval Amount

34600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21856

Servicing Lender Name

Resource Bank, National Association

Servicing Lender Address

555 Bethany Rd

Servicing Lender City

DEKALB

Servicing Lender State

IL

Servicing Lender Zip

60115-4941

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-1641

CD

IL-17

Jobs Reported

3

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

162.00

Payroll Proceed

32438.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21856

Originating Lender

Resource Bank, National Association

Originating Lender City

DEKALB

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34868.15

Forgiveness Date

02/11/2021

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