PPP Loan information for Exact cutting service inc.

$220,362

Exact cutting service inc. was initially approved for PPP Loan of amount $220,362, the current approved amount is $220,362. The loan was approved on 04/09/2020 by The Independence Bank reported 13 jobs and $220,362 was used to fund payroll.

Exact cutting service inc. is Existing or more than 2 years old

EXACT CUTTING SERVICE INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

EXACT CUTTING SERVICE INC.

Borrower Address

6892 west SNOWVILLE RD

Borrower City

BRECKSVILLE

Borrower State

OH

Borrower Zip

44141-3214

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

220362.00

Current Approval Amount

220362.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57647

Servicing Lender Name

Independence Bank

Servicing Lender Address

4401 Rockside Rd

Servicing Lender City

INDEPENDENCE

Servicing Lender State

OH

Servicing Lender Zip

44131-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRECKSVILLE

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44141-3214

CD

OH-07

Jobs Reported

13

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

190362.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57647

Originating Lender

Independence Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186517.54

Forgiveness Date

12/23/2020

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