# PPP loan: CUTTING EDGE MACHINE AND TOOL, INC.
> **$998K** approved 05/01/2020 · Paid in Full · Loan `8401737706`
## Borrower
- **Name:** CUTTING EDGE MACHINE AND TOOL, INC.
- **Address:** 19149 CR 146, New Paris, IN, 46553
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $998K
- **Initial approval:** $998K
- **Forgiven:** $1.01M (102%)
- **Forgiveness date:** 11/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $998K
- **Jobs reported:** 101
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*