PPP Loan information for The cutting edge inc

$24,216

The cutting edge inc was initially approved for PPP Loan of amount $24,216, the current approved amount is $24,216. The loan was approved on 02/02/2021 by The U.S. Bank, National Association reported 10 jobs and $24,216 was used to fund payroll.

The cutting edge inc is Existing or more than 2 years old

THE CUTTING EDGE INC

Date Approved

02/02/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE CUTTING EDGE INC

Borrower Address

900 RUM DR S

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24216.00

Current Approval Amount

24216.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PRINCETON

Project County Name

MILLE LACS

Project State

MN

Project Zip

55371

CD

MN-06

Jobs Reported

10

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24211.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

24319.59

Forgiveness Date

07/08/2021

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