# PPP loan: CNC INDUSTRIES INC.
> **$496K** approved 01/20/2021 · Exemption 4 · Loan `2250618303`
## Borrower
- **Name:** CNC INDUSTRIES INC.
- **Address:** 3810 Fourier Dr, Fort Wayne, IN, 46818-9381
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $478K (96%)
- **Forgiveness date:** 04/07/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $496K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*