PPP Loan information for Cuts inc.

$75,000

Cuts inc. was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 04/16/2021 by The WesBanco Bank, Inc. reported 19 jobs and $75,000 was used to fund payroll.

Cuts inc. is Existing or more than 2 years old

CUTS INC.

Date Approved

04/16/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

CUTS INC.

Borrower Address

9810 Belair Rd Ste F

Borrower City

Perry Hall

Borrower State

MD

Borrower Zip

21128-9867

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perry Hall

Project County Name

BALTIMORE

Project State

MD

Project Zip

21128-9867

CD

MD-01

Jobs Reported

19

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

74994.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

75509.59

Forgiveness Date

12/23/2021

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