# PPP loan: CUTTER'S FOAM FABRICATING, INC.
> **$756K** approved 04/07/2020 · Paid in Full · Loan `6795497001`
## Borrower
- **Name:** CUTTER'S FOAM FABRICATING, INC.
- **Address:** 3402 CHARLOTTE AVE, ELKHART, IN, 46517-1190
- **NAICS:** 326150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $756K
- **Initial approval:** $756K
- **Forgiven:** $762K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $627K
- **Rent:** $50K
- **Utilities:** $26K
- **Health care:** $49K
- **Debt interest:** $4K
- **Jobs reported:** 87
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*