# PPP loan: THE UPPER CUT INC.
> **$215K** approved 03/31/2021 · Paid in Full · Loan `3359758700`
## Borrower
- **Name:** THE UPPER CUT INC.
- **Address:** 119 S DuPont Hwy, Dover, DE, 19901-7432
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $215K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*