Cutting Tool Engineers INC

$147,500 PPP Loan in Pelham, Alabama

Loan Details

Loan Number
4002427102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$147,500
Current Approval
$147,500
Forgiveness Amount
$148,385
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First 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
New Business or 2 years or less
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
AL-06

Loan Use Breakdown

Payroll
$147,500

Lender Information

Servicing Lender
Cadence Bank
Originating Lender
Cadence Bank

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