PPP Loan information for Cutting edge casting inc

$310,992

Cutting edge casting inc was initially approved for PPP Loan of amount $310,992, the current approved amount is $310,992. The loan was approved on 04/08/2021 by The Bank of America, National Association reported 55 jobs and $310,992 was used to fund payroll.

Cutting edge casting inc is Existing or more than 2 years old

CUTTING EDGE CASTING INC

Date Approved

04/08/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

CUTTING EDGE CASTING INC

Borrower Address

1233 W Saint Georges Ave

Borrower City

Linden

Borrower State

NJ

Borrower Zip

07036-6117

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

310992.00

Current Approval Amount

310992.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Linden

Project County Name

UNION

Project State

NJ

Project Zip

07036-6117

CD

NJ-07

Jobs Reported

55

NAICS Code

337124

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

310988.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

314911.35

Forgiveness Date

07/14/2022

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