Date Approved
04/04/2020
SBA Office Code
0876
Processing Method
PPP
Borrower Name
CUTTING TECHNOLOGIES, INC
Borrower Address
604 1ST AVE NW
Borrower City
WATERTOWN
Borrower State
SD
Borrower Zip
57201-1501
Loan Status Date
10/20/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
20300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66512
Servicing Lender Name
Reliabank Dakota
Servicing Lender Address
211 N Main St
Servicing Lender City
ESTELLINE
Servicing Lender State
Servicing Lender Zip
57234
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CODINGTON
Project State
Project Zip
CD
SD-
Jobs Reported
1
NAICS Code
332312
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1000.00
Payroll Proceed
18000.00
Mortgage Interest Proceed
1300.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
20403.19
Forgiveness Date
10/13/2020