# PPP loan: CEDAR STAFFING INC.
> **$386K** approved 04/16/2020 · Charged Off · Loan `3017917203`
## Borrower
- **Name:** CEDAR STAFFING INC.
- **Address:** 47 - 11 SHARON RD, WATERBURY, CT, 06705-4020
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Status:** Charged Off
- **Term:** 5 months
## Use of funds
- **Payroll:** $386K
- **Jobs reported:** 60
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*