Special Cutting Tools Inc.

$20,527 PPP Loan in Saint Michael, Minnesota

Loan Details

Loan Number
3164348303
Date Approved
Jan 21, 2021
Loan Status
Paid in Full
Initial Approval
$20,527
Current Approval
$20,527
Forgiveness Amount
$20,625
Forgiveness Date
Jul 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Special Cutting Tools Inc.
Address
9221 10th St NE
ZIP Code
55376-9208
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$20,524
Utilities
$1

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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