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 01/27/2021 by The Cache Valley Bank reported 2 jobs and $22,300 was used to fund payroll.

Machine tool & cutter grinding inc is Existing or more than 2 years old

MACHINE TOOL & CUTTER GRINDING INC

Date Approved

01/27/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

MACHINE TOOL & CUTTER GRINDING INC

Borrower Address

4430 Hollow Rd

Borrower City

Nibley

Borrower State

UT

Borrower Zip

84321-7914

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

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

Existing or more than 2 years old

Project City

Nibley

Project County Name

CACHE

Project State

UT

Project Zip

84321-7914

CD

UT-01

Jobs Reported

2

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

22298.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22549.02

Forgiveness Date

03/28/2022

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