PPP Loan information for Cutting depot inc

$174,000

Cutting depot inc was initially approved for PPP Loan of amount $174,000, the current approved amount is $174,000. The loan was approved on 04/27/2020 by The Buckeye Community Bank reported 35 jobs and $174,000 was used to fund payroll.

Cutting depot inc is Existing or more than 2 years old

CUTTING DEPOT INC

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CUTTING DEPOT INC

Borrower Address

33382 Walker Rd

Borrower City

Avon lake

Borrower State

OH

Borrower Zip

44012-1480

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174000.00

Current Approval Amount

174000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124127

Servicing Lender Name

Buckeye Community Bank

Servicing Lender Address

105 Sheffield Ctr

Servicing Lender City

LORAIN

Servicing Lender State

OH

Servicing Lender Zip

44055-3134

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Avon lake

Project County Name

LORAIN

Project State

OH

Project Zip

44012-1480

CD

OH-05

Jobs Reported

35

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

174000.00

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

124127

Originating Lender

Buckeye Community Bank

Originating Lender City

LORAIN

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164849.21

Forgiveness Date

11/09/2020

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