# PPP loan: JB CUTTING INC
> **$400K** approved 04/13/2020 · Paid in Full · Loan `4851817106`
## Borrower
- **Name:** JB CUTTING INC
- **Address:** 171 Grand Avenue, MOUNT CLEMENS, MI, 48043-5413
- **NAICS:** 321213
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 37
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*