# PPP loan: NC SPORT CUTS, LLC
> **$1.56M** approved 04/09/2020 · Paid in Full · Loan `1138957103`
## Borrower
- **Name:** NC SPORT CUTS, LLC
- **Address:** 3221 Mossy Ridge Ct., RALEIGH, NC, 27613-7085
- **NAICS:** 812111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.17M
- **Utilities:** $391K
- **Jobs reported:** 203
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*