PPP Loan information for Automated cutting technologies inc.

$210,900

Automated cutting technologies inc. was initially approved for PPP Loan of amount $210,900, the current approved amount is $210,900. The loan was approved on 02/05/2021 by The South Central Bank, Inc. reported 16 jobs and $210,900 was used to fund payroll.

Automated cutting technologies inc. is Existing or more than 2 years old

AUTOMATED CUTTING TECHNOLOGIES INC.

Date Approved

02/05/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

AUTOMATED CUTTING TECHNOLOGIES INC.

Borrower Address

1300 John C Watts Dr

Borrower City

Nicholasville

Borrower State

KY

Borrower Zip

40356-2188

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

210900.00

Current Approval Amount

210900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Nicholasville

Project County Name

JESSAMINE

Project State

KY

Project Zip

40356-2188

CD

KY-06

Jobs Reported

16

NAICS Code

337212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

210897.00

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

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

212393.88

Forgiveness Date

10/25/2021

;