PPP Loan information for Cado products inc

$366,800

Cado products inc was initially approved for PPP Loan of amount $366,800, the current approved amount is $366,800. The loan was approved on 04/08/2020 by The Enterprise Bank and Trust Company reported 46 jobs and $366,800 was used to fund payroll.

Cado products inc is Existing or more than 2 years old

CADO PRODUCTS INC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CADO PRODUCTS INC

Borrower Address

1 PRINCETON RD

Borrower City

FITCHBURG

Borrower State

MA

Borrower Zip

01420-4609

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

366800.00

Current Approval Amount

366800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FITCHBURG

Project County Name

WORCESTER

Project State

MA

Project Zip

01420-4609

CD

MA-03

Jobs Reported

46

NAICS Code

326199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65000.00

Payroll Proceed

270800.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370773.67

Forgiveness Date

05/13/2021

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