# PPP loan: CUTLET, LP
> **$717K** approved 04/08/2020 · Paid in Full · Loan `8847847001`
## Borrower
- **Name:** CUTLET, LP
- **Address:** 412 N FAIRFAX AVE, LOS ANGELES, CA, 90036-1717
- **NAICS:** 722511
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $717K
- **Initial approval:** $717K
- **Forgiven:** $724K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $681K
- **Rent:** $35K
- **Health care:** $310
- **Jobs reported:** 159
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*