PPP Loan information for The cutting point

$65,435

The cutting point was initially approved for PPP Loan of amount $65,435, the current approved amount is $65,435. The loan was approved on 04/30/2020 by The Republic First Bank d/b/a Republic Bank reported 5 jobs and $65,435 was used to fund payroll.

The cutting point is Existing or more than 2 years old

THE CUTTING POINT

Date Approved

04/30/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

THE CUTTING POINT

Borrower Address

3331 Street Road

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65435.00

Current Approval Amount

65435.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bensalem

Project County Name

BUCKS

Project State

PA

Project Zip

19020-0001

CD

PA-01

Jobs Reported

5

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65435.00

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

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65994.33

Forgiveness Date

04/01/2021

;