A CUT N EDGE LLC (IN) - 2020 PPP Loan Borrower Profile (# 3055617110)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A CUT N EDGE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Indiana.

Loan Detail

Loan Number
3055617110
SBA Office Code
0562
Processing Method
PPP
Curent Loan Amount
$150,000
Date Loan was Approved
Apr 11, 2020
Amount Forgiven
$150,812.5
Date Loan was Forgiven
Nov 3, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
3,129
Payroll Proced
136,871
Rent Proceed
2,500
Health Care Proceed
7,500
Lender
State Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
561730
Borrower Location
PITTSBORO, IN
Project Location
PITTSBORO, IN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
39
Business Age Description
Existing or more than 2 years old
Data Source: SBA.