PPP Loan information for Sourcecut industries, inc

$883,300

Sourcecut industries, inc was initially approved for PPP Loan of amount $883,300, the current approved amount is $883,300. The loan was approved on 04/03/2020 by The Citizens State Bank reported 95 jobs and $883,300 was used to fund payroll.

Sourcecut industries, inc is Existing or more than 2 years old

PPP Loan Search / WI / OSSEO / Sourcecut industries, inc

SOURCECUT INDUSTRIES, INC

Date Approved

04/03/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SOURCECUT INDUSTRIES, INC

Borrower Address

51149 WHITETAIL RD

Borrower City

OSSEO

Borrower State

WI

Borrower Zip

54758-7700

Loan Status Date

11/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

883300.00

Current Approval Amount

883300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77103

Servicing Lender Name

Citizens State Bank

Servicing Lender Address

375 Stageline Rd

Servicing Lender City

HUDSON

Servicing Lender State

WI

Servicing Lender Zip

54016-8364

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSSEO

Project County Name

TREMPEALEAU

Project State

WI

Project Zip

54758-7700

CD

WI-03

Jobs Reported

95

NAICS Code

337122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

883300.00

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

77103

Originating Lender

Citizens State Bank

Originating Lender City

HUDSON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

888333.60

Forgiveness Date

11/03/2020

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