# PPP loan: THE SHARPER CUT, INC
> **$250K** approved 04/29/2020 · Paid in Full · Loan `2633217302`
## Borrower
- **Name:** THE SHARPER CUT, INC
- **Address:** 11602, cheltenham, Upper Marlboro, MD, 20772
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $250K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Rent:** $7K
- **Utilities:** $5K
- **Health care:** $12K
- **Jobs reported:** 21
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*