# PPP loan: DB CUTS LLC
> **$405K** approved 05/01/2020 · Paid in Full · Loan `1434267701`
## Borrower
- **Name:** DB CUTS LLC
- **Address:** 105 COPPERWOOD DR, FORT WORTH, TX, 76108
- **NAICS:** 812112
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Rent:** $77K
- **Utilities:** $20K
- **Jobs reported:** 68
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*