PPP Loan information for Duran cutting corp.

$170,402

Duran cutting corp. was initially approved for PPP Loan of amount $170,402, the current approved amount is $170,402. The loan was approved on 04/29/2020 by The WebBank reported 25 jobs and $170,402 was used to fund payroll.

Duran cutting corp. is Existing or more than 2 years old

DURAN CUTTING CORP.

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

DURAN CUTTING CORP.

Borrower Address

9 Peekay dr

Borrower City

Clifton

Borrower State

NJ

Borrower Zip

07014

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170402.00

Current Approval Amount

170402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clifton

Project County Name

PASSAIC

Project State

NJ

Project Zip

07014-0901

CD

NJ-09

Jobs Reported

25

NAICS Code

541420

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

170402.00

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

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

172688.23

Forgiveness Date

08/27/2021

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