PPP Loan information for Metalcut products, inc.

$644,820

Metalcut products, inc. was initially approved for PPP Loan of amount $644,820, the current approved amount is $644,820. The loan was approved on 04/11/2020 by The Old National Bank reported 60 jobs and $644,820 was used to fund payroll.

Metalcut products, inc. is Existing or more than 2 years old

PPP Loan Search / WI / South Milwaukee / Metalcut products, inc.

METALCUT PRODUCTS, INC.

Date Approved

04/11/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

METALCUT PRODUCTS, INC.

Borrower Address

1010 Marquette Ave

Borrower City

South Milwaukee

Borrower State

WI

Borrower Zip

53172-2511

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

644820.00

Current Approval Amount

644820.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

South Milwaukee

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53172-2511

CD

WI-01

Jobs Reported

60

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

644820.00

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

648599.36

Forgiveness Date

11/19/2020

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