# PPP loan: TRUE CUT CONSTRUCTION LLC
> **$404K** approved 03/25/2021 · Paid in Full · Loan `9209008602`
## Borrower
- **Name:** TRUE CUT CONSTRUCTION LLC
- **Address:** 2287 Laurel Nicholsville Rd, New Richmond, OH, 45157-9528
- **NAICS:** 236115
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $406K (100%)
- **Forgiveness date:** 09/17/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $404K
- **Jobs reported:** 35
## Lender
- **Originating:** The Merchants National Bank
- **Servicing:** The Merchants National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*