PPP Loan information for J & l cutting inc

$138,039

J & l cutting inc was initially approved for PPP Loan of amount $138,039, the current approved amount is $138,039. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 10 jobs and $138,039 was used to fund payroll.

J & l cutting inc is Existing or more than 2 years old

J & L CUTTING INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

J & L CUTTING INC

Borrower Address

76636 LONDON RD

Borrower City

COTTAGE GROVE

Borrower State

OR

Borrower Zip

97424

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138039.00

Current Approval Amount

138039.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COTTAGE GROVE

Project County Name

LANE

Project State

OR

Project Zip

97424-0001

CD

OR-04

Jobs Reported

10

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

138039.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

139327.36

Forgiveness Date

04/22/2021

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