PPP Loan information for Cutting systems inc

$267,700

Cutting systems inc was initially approved for PPP Loan of amount $267,700, the current approved amount is $267,700. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 22 jobs and $267,700 was used to fund payroll.

Cutting systems inc is Existing or more than 2 years old

PPP Loan Search / OH / BROOKPARK / Cutting systems inc

CUTTING SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CUTTING SYSTEMS INC

Borrower Address

15593 BROOKPARK RD

Borrower City

BROOKPARK

Borrower State

OH

Borrower Zip

44142-1618

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267700.00

Current Approval Amount

267700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKPARK

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44142-1618

CD

OH-07

Jobs Reported

22

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

267700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

270994.20

Forgiveness Date

07/12/2021

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