# PPP loan: NORTH AMERICAN CABLE EQUIPMENT INC.
> **$828K** approved 02/23/2021 · Paid in Full · Loan `3421548502`
## Borrower
- **Name:** NORTH AMERICAN CABLE EQUIPMENT INC.
- **Address:** 1085 Andrew Dr Ste A, West Chester, PA, 19380-4266
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $828K
- **Initial approval:** $828K
- **Forgiven:** $835K (101%)
- **Forgiveness date:** 12/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $828K
- **Utilities:** $1
- **Jobs reported:** 70
## Lender
- **Originating:** The Bancorp Bank National Association
- **Servicing:** The Bancorp Bank National Association (SD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*