PPP Loan information for Thecut inc

$166,100

Thecut inc was initially approved for PPP Loan of amount $166,100, the current approved amount is $166,100. The loan was approved on 04/15/2020 by The Blue Ridge Bank, National Association reported 6 jobs and $166,100 was used to fund payroll.

Thecut inc is New Business or 2 years or less

THECUT INC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

THECUT INC

Borrower Address

1595 Spring Hill Rd STE 310

Borrower City

Vienna

Borrower State

VA

Borrower Zip

22182

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166100.00

Current Approval Amount

166100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Vienna

Project County Name

FAIRFAX

Project State

VA

Project Zip

22182-1300

CD

VA-11

Jobs Reported

6

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16528.00

Payroll Proceed

132982.00

Mortgage Interest Proceed

0.00

Rent Proceed

9750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6840.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167922.49

Forgiveness Date

05/21/2021

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