PPP Loan information for Cutting technologies, inc

$20,300

Cutting technologies, inc was initially approved for PPP Loan of amount $20,300, the current approved amount is $20,300. The loan was approved on 04/04/2020 by The Reliabank Dakota reported 1 jobs and $20,300 was used to fund payroll.

Cutting technologies, inc is Existing or more than 2 years old

CUTTING TECHNOLOGIES, INC

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

20300.00

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

SD

Servicing Lender Zip

57234

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERTOWN

Project County Name

CODINGTON

Project State

SD

Project Zip

57201-1501

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

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66512

Originating Lender

Reliabank Dakota

Originating Lender City

ESTELLINE

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20403.19

Forgiveness Date

10/13/2020

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