PPP Loan information for Cutting edge management inc.

$342,633

Cutting edge management inc. was initially approved for PPP Loan of amount $342,633, the current approved amount is $342,633. The loan was approved on 01/26/2021 by The Prairie State Bank and Trust reported 67 jobs and $342,633 was used to fund payroll.

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

CUTTING EDGE MANAGEMENT INC.

Date Approved

01/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CUTTING EDGE MANAGEMENT INC.

Borrower Address

1807 W Kirby Ave

Borrower City

Champaign

Borrower State

IL

Borrower Zip

61821-5410

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

342632.50

Current Approval Amount

342632.50

Undisbursed Amount

0.00

Franchise Name

Supercuts

Servicing Lender Location Id

22131

Servicing Lender Name

Prairie State Bank and Trust

Servicing Lender Address

3751 W Wabash Ave

Servicing Lender City

SPRINGFIELD

Servicing Lender State

IL

Servicing Lender Zip

62711-6261

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Champaign

Project County Name

CHAMPAIGN

Project State

IL

Project Zip

61821-5410

CD

IL-13

Jobs Reported

67

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

342630.50

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

22131

Originating Lender

Prairie State Bank and Trust

Originating Lender City

SPRINGFIELD

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

343860.27

Forgiveness Date

06/15/2021

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