PPP Loan information for Milcut, inc.

$755,068

Milcut, inc. was initially approved for PPP Loan of amount $755,068, the current approved amount is $755,068. The loan was approved on 04/12/2020 by The Old National Bank reported 64 jobs and $755,068 was used to fund payroll.

Milcut, inc. is Existing or more than 2 years old

MILCUT, INC.

Date Approved

04/12/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MILCUT, INC.

Borrower Address

N50 W13400 OVERVIEW DRIVE

Borrower City

MENOMONEE FALLS

Borrower State

WI

Borrower Zip

53051

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

755067.50

Current Approval Amount

755067.50

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MENOMONEE FALLS

Project County Name

WAUKESHA

Project State

WI

Project Zip

53051-0500

CD

WI-05

Jobs Reported

64

NAICS Code

326150

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

755067.50

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

Subchapter S Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

760478.82

Forgiveness Date

01/07/2021

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