Cut Rite Services, LLC

$78,300 PPP Loan in Bremen, Indiana

Loan Details

Loan Number
5394937203
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$78,300
Current Approval
$78,300
Forgiveness Amount
$78,916
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cut Rite Services, LLC
Address
6329 Elm Rd
City
Bremen
State
Indiana
ZIP Code
46506-9730
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Administrative and Support and Waste Management (561730)
Business Age
New Business or 2 years or less
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IN-02

Loan Use Breakdown

Payroll
$58,800
Rent
$14,960
Utilities
$1,000
Health Care
$3,000
Debt Interest
$540

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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