PPP Loan information for Cut rite services, llc

$78,300

Cut rite services, llc was initially approved for PPP Loan of amount $78,300, the current approved amount is $78,300. The loan was approved on 04/27/2020 by The Lake City Bank reported 10 jobs and $78,300 was used to fund payroll.

Cut rite services, llc is New Business or 2 years or less

CUT RITE SERVICES, LLC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

CUT RITE SERVICES, LLC

Borrower Address

6329 ELM RD

Borrower City

BREMEN

Borrower State

IN

Borrower Zip

46506-9730

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

78300.00

Current Approval Amount

78300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BREMEN

Project County Name

MARSHALL

Project State

IN

Project Zip

46506-9730

CD

IN-02

Jobs Reported

10

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

58800.00

Mortgage Interest Proceed

0.00

Rent Proceed

14960.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3000.00

Debt Interest Proceed

540

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

78915.52

Forgiveness Date

02/09/2021

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