PPP Loan information for Downtown cuts inc

$31,000

Downtown cuts inc was initially approved for PPP Loan of amount $31,000, the current approved amount is $31,000. The loan was approved on 03/01/2021 by The Union Bank reported 5 jobs and $31,000 was used to fund payroll.

Downtown cuts inc is Existing or more than 2 years old

PPP Loan Search / VT / Saint Albans / Downtown cuts inc

DOWNTOWN CUTS INC

Date Approved

03/01/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

DOWNTOWN CUTS INC

Borrower Address

26 S Main St

Borrower City

Saint Albans

Borrower State

VT

Borrower Zip

05478-2202

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

31000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72996

Servicing Lender Name

Union Bank

Servicing Lender Address

20 Lower Main St

Servicing Lender City

MORRISVILLE

Servicing Lender State

VT

Servicing Lender Zip

05661

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Saint Albans

Project County Name

FRANKLIN

Project State

VT

Project Zip

05478-2202

CD

VT-

Jobs Reported

5

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31000.00

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

Corporation

Originating Lender Location Id

72996

Originating Lender

Union Bank

Originating Lender City

MORRISVILLE

Originating Lender State

VT

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

31261.78

Forgiveness Date

01/18/2022

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