# PPP loan: LEXINGTON CUTTER, INC.
> **$296K** approved 04/12/2020 · Paid in Full · Loan `3863187110`
## Borrower
- **Name:** LEXINGTON CUTTER, INC.
- **Address:** 2951 63RD AVE E, BRADENTON, FL, 34203-5308
- **NAICS:** 333515
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Forgiven:** $298K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $228K
- **Utilities:** $9K
- **Health care:** $53K
- **Debt interest:** $6K
- **Jobs reported:** 23
## 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*