PPP Loan information for Machine tool & cutter grinding, inc

$22,300

Machine tool & cutter grinding, inc was initially approved for PPP Loan of amount $22,300, the current approved amount is $22,300. The loan was approved on 04/07/2020 by The Cache Valley Bank reported 3 jobs and $22,300 was used to fund payroll.

Machine tool & cutter grinding, inc is New Business or 2 years or less

PPP Loan Search / UT / HYRUM / Machine tool & cutter grinding, inc

MACHINE TOOL & CUTTER GRINDING, INC

Date Approved

04/07/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MACHINE TOOL & CUTTER GRINDING, INC

Borrower Address

50 SOUTH 200 EAST

Borrower City

HYRUM

Borrower State

UT

Borrower Zip

84319-1240

Loan Status Date

01/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22300.00

Current Approval Amount

22300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HYRUM

Project County Name

CACHE

Project State

UT

Project Zip

84319-1240

CD

UT-01

Jobs Reported

3

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1852.00

Payroll Proceed

16725.00

Mortgage Interest Proceed

0.00

Rent Proceed

3723.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22451.14

Forgiveness Date

12/09/2020

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