# PPP loan: TRU-CUT LLC
> **$480K** approved 01/25/2021 · Paid in Full · Loan `5717198306`
## Borrower
- **Name:** TRU-CUT LLC
- **Address:** 304 Directors Row Ste B, Salt Lake City, UT, 84104
- **NAICS:** 333514
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $480K
- **Initial approval:** $480K
- **Forgiven:** $484K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $480K
- **Utilities:** $1
- **Jobs reported:** 115
## Lender
- **Originating:** Parkside Financial Bank & Trust
- **Servicing:** Parkside Financial Bank & Trust (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*