PPP Loan information for Cutting dynamics inc

$2,275,700

Cutting dynamics inc was initially approved for PPP Loan of amount $2,275,700, the current approved amount is $2,275,700. The loan was approved on 04/09/2020 by The PNC Bank, National Association reported 117 jobs and $2,275,700 was used to fund payroll.

Cutting dynamics inc is Unanswered

CUTTING DYNAMICS INC

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

CUTTING DYNAMICS INC

Borrower Address

980 JAYCOX RD

Borrower City

AVON

Borrower State

OH

Borrower Zip

44011-1352

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2275700.00

Current Approval Amount

2275700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

AVON

Project County Name

LORAIN

Project State

OH

Project Zip

44011-1352

CD

OH-05

Jobs Reported

117

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2275700.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2302439.47

Forgiveness Date

06/11/2021

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