# PPP loan: TRU-CUT, INC.
> **$194K** approved 04/27/2020 · Paid in Full · Loan `4614627202`
## Borrower
- **Name:** TRU-CUT, INC.
- **Address:** 3111 S. MADISON AVE, ANDERSON, IN, 46016-6011
- **NAICS:** 321911
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $196K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Jobs reported:** 18
## Lender
- **Originating:** Banterra Bank
- **Servicing:** Banterra Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*