PPP Loan information for Metal cutting corp

$775,700

Metal cutting corp was initially approved for PPP Loan of amount $775,700, the current approved amount is $775,700. The loan was approved on 04/10/2020 by The PNC Bank, National Association reported 60 jobs and $775,700 was used to fund payroll.

Metal cutting corp is Unanswered

METAL CUTTING CORP

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

METAL CUTTING CORP

Borrower Address

89 COMMERCE RD

Borrower City

CEDAR GROVE

Borrower State

NJ

Borrower Zip

07009-1205

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

775700.00

Current Approval Amount

775700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

CEDAR GROVE

Project County Name

ESSEX

Project State

NJ

Project Zip

07009-1205

CD

NJ-11

Jobs Reported

60

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

775700.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

783974.13

Forgiveness Date

05/06/2021

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