PPP Loan information for New cut, llc

$48,216

New cut, llc was initially approved for PPP Loan of amount $48,216, the current approved amount is $48,216. The loan was approved on 04/15/2020 by The First Security Bank reported 10 jobs and $48,216 was used to fund payroll.

New cut, llc is Existing or more than 2 years old

PPP Loan Search / MS / OLIVE BRANCH / New cut, llc

NEW CUT, LLC

Date Approved

04/15/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

NEW CUT, LLC

Borrower Address

7451 Goodman Road

Borrower City

OLIVE BRANCH

Borrower State

MS

Borrower Zip

38654-2001

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48216.00

Current Approval Amount

48216.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39084

Servicing Lender Name

First Security Bank

Servicing Lender Address

295 Hwy 6 W

Servicing Lender City

BATESVILLE

Servicing Lender State

MS

Servicing Lender Zip

38606-2557

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OLIVE BRANCH

Project County Name

DESOTO

Project State

MS

Project Zip

38654-2001

CD

MS-01

Jobs Reported

10

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

48216.00

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

39084

Originating Lender

First Security Bank

Originating Lender City

BATESVILLE

Originating Lender State

MS

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

48968.71

Forgiveness Date

11/04/2021

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