# PPP loan: CUTTING DEPOT INC
> **$161K** approved 01/30/2021 · Paid in Full · Loan `9318938304`
## Borrower
- **Name:** CUTTING DEPOT INC
- **Address:** 33382 Walker Rd Ste L, Avon Lake, OH, 44012-3135
- **NAICS:** 812112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Buckeye Community Bank
- **Servicing:** Buckeye Community Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*