4CUT INC. (MN) - 2020 PPP Loan Borrower Profile (# 2975968300)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 4CUT INC.. 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 Minnesota.
Loan Detail
Loan Number
2975968300
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$39,183.59
Date Loan was Approved
Jan 21, 2021
Amount Forgiven
$39,480.73
Date Loan was Forgiven
Oct 29, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
39,178.59
Lender
Eagle Rock Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
812111
Borrower Location
Rochester, MN
Project Location
Rochester, MN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
6
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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