PPP Loan information for Cut & rut, llc

$878,272

Cut & rut, llc was initially approved for PPP Loan of amount $878,272, the current approved amount is $878,272. The loan was approved on 04/08/2020 by The City National Bank reported 34 jobs and $878,272 was used to fund payroll.

Cut & rut, llc is Existing or more than 2 years old

CUT & RUT, LLC

Date Approved

04/08/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

CUT & RUT, LLC

Borrower Address

2044 BROADWAY

Borrower City

SANTA MONICA

Borrower State

CA

Borrower Zip

90404-2910

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

878272.00

Current Approval Amount

878272.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA MONICA

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90404-2910

CD

CA-36

Jobs Reported

34

NAICS Code

512120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16845.00

Payroll Proceed

636453.00

Mortgage Interest Proceed

0.00

Rent Proceed

172954.00

Refinance EIDL Proceed

0.00

Health Care Proceed

52020.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

888474.39

Forgiveness Date

06/28/2021

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