PPP Loan information for The wright cut inc

$1,118,100

The wright cut inc was initially approved for PPP Loan of amount $1,118,100, the current approved amount is $1,118,100. The loan was approved on 02/05/2021 by The Legacy Bank reported 197 jobs and $1,118,100 was used to fund payroll.

The wright cut inc is Existing or more than 2 years old

THE WRIGHT CUT INC

Date Approved

02/05/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

THE WRIGHT CUT INC

Borrower Address

2150 Independence Dr Ste J

Borrower City

Greenwood

Borrower State

IN

Borrower Zip

46143-3405

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1118100.00

Current Approval Amount

1118100.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greenwood

Project County Name

JOHNSON

Project State

IN

Project Zip

46143-3405

CD

IN-06

Jobs Reported

197

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1118097.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1129249.94

Forgiveness Date

02/03/2022

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