PPP Loan information for Cut 158 inc

$31,000

Cut 158 inc was initially approved for PPP Loan of amount $31,000, the current approved amount is $31,000. The loan was approved on 04/30/2020 by The First Secure Community Bank reported 12 jobs and $31,000 was used to fund payroll.

Cut 158 inc is New Business or 2 years or less

PPP Loan Search / IL / JOLIET / Cut 158 inc

CUT 158 INC

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CUT 158 INC

Borrower Address

158 N Chicago Street

Borrower City

JOLIET

Borrower State

IL

Borrower Zip

60432

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

31000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124397

Servicing Lender Name

First Secure Community Bank

Servicing Lender Address

670 N Sugar Grove Pkwy Rte 47

Servicing Lender City

Sugar Grove

Servicing Lender State

IL

Servicing Lender Zip

60554

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

JOLIET

Project County Name

WILL

Project State

IL

Project Zip

60432-0700

CD

IL-01

Jobs Reported

12

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

26000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124397

Originating Lender

First Secure Community Bank

Originating Lender City

Sugar Grove

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31319.47

Forgiveness Date

05/18/2021

;