PPP Loan information for Cut systems inc

$38,923

Cut systems inc was initially approved for PPP Loan of amount $38,923, the current approved amount is $38,923. The loan was approved on 04/29/2021 by The MBE Capital Partners reported 2 jobs and $38,923 was used to fund payroll.

Cut systems inc is Existing or more than 2 years old

PPP Loan Search / MI / Waterford / Cut systems inc

CUT SYSTEMS INC

Date Approved

04/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CUT SYSTEMS INC

Borrower Address

5433 Dixie Hwy

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48329-1614

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

38923.00

Current Approval Amount

38923.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48329-1614

CD

MI-11

Jobs Reported

2

NAICS Code

623990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38923.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

39067.88

Forgiveness Date

10/15/2021

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