PPP Loan information for Special cutting tools, inc.

$16,667

Special cutting tools, inc. was initially approved for PPP Loan of amount $16,667, the current approved amount is $16,667. The loan was approved on 04/14/2020 by The Community Development Bank, FSB reported 2 jobs and $16,667 was used to fund payroll.

Special cutting tools, inc. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT MICHAEL / Special cutting tools, inc.

SPECIAL CUTTING TOOLS, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SPECIAL CUTTING TOOLS, INC.

Borrower Address

9221 10TH ST

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-9208

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16666.50

Current Approval Amount

16666.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-9208

CD

MN-06

Jobs Reported

2

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1666.54

Payroll Proceed

13333.32

Mortgage Interest Proceed

1666.64

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

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16765.11

Forgiveness Date

11/23/2020

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