# PPP loan: CAHALAN INDUSTRIES INC.
> **$218K** approved 02/03/2021 · Paid in Full · Loan `2232468400`
## Borrower
- **Name:** CAHALAN INDUSTRIES INC.
- **Address:** 2912 KELLY CREEK ROAD, BIRMINGHAM, AL, 35004
- **NAICS:** 337110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $218K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*