PPP Loan information for Cutting concepts corporation

$189,000

Cutting concepts corporation was initially approved for PPP Loan of amount $189,000, the current approved amount is $189,000. The loan was approved on 02/16/2021 by The JPMorgan Chase Bank, National Association reported 24 jobs and $189,000 was used to fund payroll.

Cutting concepts corporation is Existing or more than 2 years old

PPP Loan Search / CA / Pasadena / Cutting concepts corporation

CUTTING CONCEPTS CORPORATION

Date Approved

02/16/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

CUTTING CONCEPTS CORPORATION

Borrower Address

61 N Raymond Ave

Borrower City

Pasadena

Borrower State

CA

Borrower Zip

91103-3919

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

189000.00

Current Approval Amount

189000.00

Undisbursed Amount

0.00

Franchise Name

Slater's 50/50 Burgers by DesignB

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91103-3919

CD

CA-28

Jobs Reported

24

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

188999.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190255.38

Forgiveness Date

10/20/2021

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