Cutter's Foam Fabricating, Inc.

$756,300 PPP Loan in Elkhart, Indiana

Loan Details

Loan Number
6795497001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$756,300
Current Approval
$756,300
Forgiveness Amount
$762,140
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cutter's Foam Fabricating, Inc.
Address
3402 Charlotte Ave
State
Indiana
ZIP Code
46517-1190
Business Type
Corporation
Industry (NAICS)
Manufacturing (326150)
Business Age
Existing or more than 2 years old
Jobs Reported
87
Estimated Revenue
$86.3M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$627,333
Rent
$50,000
Utilities
$26,189
Health Care
$48,778
Debt Interest
$4,000

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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