PPP Loan information for Microcut inc

$110,542

Microcut inc was initially approved for PPP Loan of amount $110,542, the current approved amount is $110,542. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 6 jobs and $110,542 was used to fund payroll.

Microcut inc is Existing or more than 2 years old

MICROCUT INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MICROCUT INC

Borrower Address

1758 South Queen St

Borrower City

York

Borrower State

PA

Borrower Zip

17403

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110542.00

Current Approval Amount

110542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

York

Project County Name

YORK

Project State

PA

Project Zip

17403-1002

CD

PA-10

Jobs Reported

6

NAICS Code

333517

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

6200.00

Payroll Proceed

86369.00

Mortgage Interest Proceed

0.00

Rent Proceed

7842.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9251.00

Debt Interest Proceed

880

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111426.34

Forgiveness Date

02/09/2021

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