# PPP loan: BEST CUT CORP
> **$485K** approved 04/10/2020 · Paid in Full · Loan `1364007109`
## Borrower
- **Name:** BEST CUT CORP
- **Address:** 184 BOUNDARY RD, MARLBORO, NJ, 07746-1058
- **NAICS:** 561730
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $485K
- **Initial approval:** $485K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $485K
- **Jobs reported:** 53
## Lender
- **Originating:** OceanFirst Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*