Cutting Systems INC
$1,125,000 PPP Loan in Union Grove, North Carolina
Loan Details
- Loan Number
- 8774217107
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,125,000
- Current Approval
- $1,125,000
- Forgiveness Amount
- $1,138,346
- Forgiveness Date
- Jul 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cutting Systems INC
- Address
- 774 Zeb Rd
- City
- Union Grove
- State
- North Carolina
- ZIP Code
- 28689-9148
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333318)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 94
- Estimated Revenue
- $24.6M
- Rural/Urban
- Rural
- Congressional District
- NC-10
Loan Use Breakdown
- Payroll
- $843,750
- Utilities
- $281,250
Lender Information
- Servicing Lender
- Skyline National Bank
- Originating Lender
- Skyline National Bank
Other PPP Loans in Union Grove, NC
| Business | Approved | |
|---|---|---|
| Carolina Custom Products, Inc. | $589,500 |  AI Deep Dive |
| Carolina Custom Products Inc. | $571,365 | AI Deep Dive |
| Southern Farm Supply Inc. | $282,689 | AI Deep Dive |
| Union Grove Saw & Knife, Inc. | $275,800 | AI Deep Dive |
| Myers Farms INC | $272,154 | AI Deep Dive |
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