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Cutting Tool Engineers INC

$147,500 PPP Loan in Pelham, Alabama

Loan Details

Loan Number
2160648308
Date Approved
Jan 20, 2021
Loan Status
Paid in Full
Initial Approval
$147,500
Current Approval
$147,500
Forgiveness Amount
$148,676
Forgiveness Date
Nov 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Cutting Tool Engineers INC
Address
208 Commerce Pkwy
City
Pelham
State
Alabama
ZIP Code
35124-1395
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$147,498
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Cadence Bank

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