PPP Loan information for Innovative cutting concepts

$97,500

Innovative cutting concepts was initially approved for PPP Loan of amount $97,500, the current approved amount is $97,500. The loan was approved on 04/14/2020 by The Parke Bank reported 6 jobs and $97,500 was used to fund payroll.

Innovative cutting concepts is Unanswered

INNOVATIVE CUTTING CONCEPTS

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

INNOVATIVE CUTTING CONCEPTS

Borrower Address

203 Cates Avenue

Borrower City

EGG HARBOR TOWNSHIP

Borrower State

NJ

Borrower Zip

08234

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97500.00

Current Approval Amount

97500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123439

Servicing Lender Name

Parke Bank

Servicing Lender Address

601 Delsea Dr

Servicing Lender City

SEWELL

Servicing Lender State

NJ

Servicing Lender Zip

08080-9325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

EGG HARBOR TOWNSHIP

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08234-1600

CD

NJ-02

Jobs Reported

6

NAICS Code

444110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123439

Originating Lender

Parke Bank

Originating Lender City

SEWELL

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98480.42

Forgiveness Date

04/20/2021

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