Scientific Cutting Tools, Incorporated

$713,512 PPP Loan in Simi Valley, California

Loan Details

Loan Number
5303557006
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$713,512
Current Approval
$713,500
Forgiveness Amount
$717,331
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Scientific Cutting Tools, Incorporated
Address
220 W Los Angeles Ave
ZIP Code
93065-1650
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333512)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$12.3M
Rural/Urban
Urban
Congressional District
CA-26

Loan Use Breakdown

Payroll
$713,500

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Svb, a Division of First-Citizens Bank and Trust Company

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