PPP Loan information for Cutting edge machine & tool inc

$1,085,526

Cutting edge machine & tool inc was initially approved for PPP Loan of amount $1,085,526, the current approved amount is $1,085,526. The loan was approved on 03/24/2021 by The Customers Bank reported 83 jobs and $1,085,526 was used to fund payroll.

Cutting edge machine & tool inc is Existing or more than 2 years old

PPP Loan Search / IN / New Paris / Cutting edge machine & tool inc

CUTTING EDGE MACHINE & TOOL INC

Date Approved

03/24/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

CUTTING EDGE MACHINE & TOOL INC

Borrower Address

19149 County Road 146 N/A

Borrower City

New Paris

Borrower State

IN

Borrower Zip

46553-9100

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1085526.00

Current Approval Amount

1085526.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Paris

Project County Name

ELKHART

Project State

IN

Project Zip

46553-9100

CD

IN-02

Jobs Reported

83

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1085524.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1095608.01

Forgiveness Date

03/14/2022

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