PPP Loan information for Cutting tool engineers inc

$147,500

Cutting tool engineers inc was initially approved for PPP Loan of amount $147,500, the current approved amount is $147,500. The loan was approved on 01/20/2021 by The Loan Source Incorporated reported 15 jobs and $147,500 was used to fund payroll.

Cutting tool engineers inc is Existing or more than 2 years old

PPP Loan Search / AL / Pelham / Cutting tool engineers inc

CUTTING TOOL ENGINEERS INC

Date Approved

01/20/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

CUTTING TOOL ENGINEERS INC

Borrower Address

208 Commerce Pkwy

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124-1395

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147500.00

Current Approval Amount

147500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-1395

CD

AL-06

Jobs Reported

15

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

147498.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148675.96

Forgiveness Date

11/22/2021

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