# PPP loan: CEP MANUFACTURING, INC.
> **$398K** approved 04/29/2020 · Paid in Full · Loan `2466347308`
## Borrower
- **Name:** CEP MANUFACTURING, INC.
- **Address:** 501 HOUSTON AVE, PORT ARTHUR, TX, 77640-5870
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $400K (101%)
- **Forgiveness date:** 01/19/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $390K
- **Mortgage interest:** $8K
- **Jobs reported:** 40
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Cadence Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*