PPP Loan information for Cutting edge grinding, inc.

$70,084

Cutting edge grinding, inc. was initially approved for PPP Loan of amount $70,084, the current approved amount is $70,084. The loan was approved on 01/28/2021 by The Sentry Bank reported 6 jobs and $70,084 was used to fund payroll.

Cutting edge grinding, inc. is Existing or more than 2 years old

PPP Loan Search / MN / Sauk Rapids / Cutting edge grinding, inc.

CUTTING EDGE GRINDING, INC.

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CUTTING EDGE GRINDING, INC.

Borrower Address

1020 Lincoln Ave

Borrower City

Sauk Rapids

Borrower State

MN

Borrower Zip

56379-1220

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70084.34

Current Approval Amount

70084.34

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38828

Servicing Lender Name

Sentry Bank

Servicing Lender Address

400 4th Ave NE

Servicing Lender City

SAINT JOSEPH

Servicing Lender State

MN

Servicing Lender Zip

56374-8644

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sauk Rapids

Project County Name

BENTON

Project State

MN

Project Zip

56379-1220

CD

MN-06

Jobs Reported

6

NAICS Code

325211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70081.34

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

Subchapter S Corporation

Originating Lender Location Id

38828

Originating Lender

Sentry Bank

Originating Lender City

SAINT JOSEPH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70499.01

Forgiveness Date

08/31/2021

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