PPP Loan information for Cutting edge automotive solutions llc

$195,000

Cutting edge automotive solutions llc was initially approved for PPP Loan of amount $195,000, the current approved amount is $195,000. The loan was approved on 04/07/2020 by The First Horizon Bank reported 22 jobs and $195,000 was used to fund payroll.

Cutting edge automotive solutions llc is Existing or more than 2 years old

CUTTING EDGE AUTOMOTIVE SOLUTIONS LLC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CUTTING EDGE AUTOMOTIVE SOLUTIONS LLC

Borrower Address

14467 STATE HWY 181

Borrower City

FAIRHOPE

Borrower State

AL

Borrower Zip

36532

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

195000.00

Current Approval Amount

195000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRHOPE

Project County Name

BALDWIN

Project State

AL

Project Zip

36532-0001

CD

AL-01

Jobs Reported

22

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

197583.75

Forgiveness Date

08/09/2021

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