PPP Loan information for Sutton engineering technologies, inc.

$188,000

Sutton engineering technologies, inc. was initially approved for PPP Loan of amount $188,000, the current approved amount is $188,000. The loan was approved on 04/28/2020 by The Cadence Bank reported 8 jobs and $188,000 was used to fund payroll.

Sutton engineering technologies, inc. is Existing or more than 2 years old

PPP Loan Search / AL / ALABASTER / Sutton engineering technologies, inc.

SUTTON ENGINEERING TECHNOLOGIES, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SUTTON ENGINEERING TECHNOLOGIES, INC.

Borrower Address

160 AIRPARK INDUSTRIAL RD

Borrower City

ALABASTER

Borrower State

AL

Borrower Zip

35007-9597

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188000.00

Current Approval Amount

188000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALABASTER

Project County Name

SHELBY

Project State

AL

Project Zip

35007-9597

CD

AL-06

Jobs Reported

8

NAICS Code

541712

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189885.22

Forgiveness Date

05/20/2021

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