PPP Loan information for Indexable cutter engineering inc.

$68,778

Indexable cutter engineering inc. was initially approved for PPP Loan of amount $68,778, the current approved amount is $68,778. The loan was approved on 01/22/2021 by The Fifth Third Bank reported 5 jobs and $68,778 was used to fund payroll.

Indexable cutter engineering inc. is Existing or more than 2 years old

PPP Loan Search / MI / Chesterfield / Indexable cutter engineering inc.

INDEXABLE CUTTER ENGINEERING INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

INDEXABLE CUTTER ENGINEERING INC.

Borrower Address

50525 Metzen Dr

Borrower City

Chesterfield

Borrower State

MI

Borrower Zip

48051-3137

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68777.50

Current Approval Amount

68777.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesterfield

Project County Name

MACOMB

Project State

MI

Project Zip

48051-3137

CD

MI-09

Jobs Reported

5

NAICS Code

333515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68776.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

69406.05

Forgiveness Date

01/03/2022

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