4 CUT DEVELOPMENT, LLC (NY) - 2020 PPP Loan Borrower Profile (# 6311187410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 4 CUT DEVELOPMENT, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New York.

Loan Detail

Loan Number

6311187410

SBA Office Code

0202

Processing Method

PPP

Curent Loan Amount

$432,204

Date Loan was Approved

May 14, 2020

Amount Forgiven

$415,663.41

Date Loan was Forgiven

Sep 10, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

432.39

Payroll Proced

332,771.61

Refinance EIDL Proceed

45,000

Debt Interest Proceed

54,000

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

237310

Borrower Location

SPRINGFIELD GARDENS, NY

Project Location

SPRINGFIELD GARDENS, NY

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.