# PPP loan: CHEMCUT HOLDINGS LLC
> **$938K** approved 03/12/2021 · Paid in Full · Loan `9101638503`
## Borrower
- **Name:** CHEMCUT HOLDINGS LLC
- **Address:** 500 Science Park Rd, State College, PA, 16803-2218
- **NAICS:** 333249
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $938K
- **Initial approval:** $938K
- **Forgiven:** $944K (101%)
- **Forgiveness date:** 10/26/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $938K
- **Jobs reported:** 80
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*