# PPP loan: CUTTERS, INC.
> **$1.87M** approved 04/12/2020 · Paid in Full · Loan `3893207104`
## Borrower
- **Name:** CUTTERS, INC.
- **Address:** 515 N State St Ste 2500, Chicago, IL, 60654-2700
- **NAICS:** 512191
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.87M
- **Initial approval:** $1.87M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.87M
- **Jobs reported:** 102
## Lender
- **Originating:** First Midwest Bank, A Division of Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*