PPP Loan information for Cutting edge industries inc.

$249,420

Cutting edge industries inc. was initially approved for PPP Loan of amount $249,420, the current approved amount is $249,420. The loan was approved on 05/01/2020 by The Centennial Bank reported 45 jobs and $249,420 was used to fund payroll.

Cutting edge industries inc. is Existing or more than 2 years old

CUTTING EDGE INDUSTRIES INC.

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

CUTTING EDGE INDUSTRIES INC.

Borrower Address

2025 NW 15TH AVENUE UNIT B

Borrower City

POMPANO BEACH

Borrower State

FL

Borrower Zip

33069

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249420.17

Current Approval Amount

249420.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4392

Servicing Lender Name

Centennial Bank

Servicing Lender Address

620 Chestnut St

Servicing Lender City

CONWAY

Servicing Lender State

AR

Servicing Lender Zip

72032-5404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

POMPANO BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33069-0001

CD

FL-23

Jobs Reported

45

NAICS Code

561730

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

249420.17

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

4392

Originating Lender

Centennial Bank

Originating Lender City

CONWAY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252556.71

Forgiveness Date

08/16/2021

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