PPP Loan information for Cutting & grinding fluids inc

$60,502

Cutting & grinding fluids inc was initially approved for PPP Loan of amount $60,502, the current approved amount is $60,502. The loan was approved on 05/01/2020 by The Cross River Bank reported 6 jobs and $60,502 was used to fund payroll.

Cutting & grinding fluids inc is Existing or more than 2 years old

PPP Loan Search / IL / Rockford / Cutting & grinding fluids inc

CUTTING & GRINDING FLUIDS INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CUTTING & GRINDING FLUIDS INC

Borrower Address

317 Peoples Avenue

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60502.00

Current Approval Amount

60502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-1000

CD

IL-17

Jobs Reported

6

NAICS Code

424720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60502.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60898.16

Forgiveness Date

12/31/2020

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