PPP Loan information for Cutting loose inc

$416,000

Cutting loose inc was initially approved for PPP Loan of amount $416,000, the current approved amount is $416,000. The loan was approved on 04/14/2020 by The Truist Bank reported 42 jobs and $416,000 was used to fund payroll.

Cutting loose inc is Existing or more than 2 years old

CUTTING LOOSE INC

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

CUTTING LOOSE INC

Borrower Address

8429 HONORE AVE

Borrower City

BRADENTON

Borrower State

FL

Borrower Zip

34201-2011

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416000.00

Current Approval Amount

416000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRADENTON

Project County Name

MANATEE

Project State

FL

Project Zip

34201-2011

CD

FL-16

Jobs Reported

42

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

416000.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

418426.67

Forgiveness Date

11/17/2020

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