# PPP loan: CASCADE BIO, INC.
> **$175K** approved 04/27/2020 · Paid in Full · Loan `3487937203`
## Borrower
- **Name:** CASCADE BIO, INC.
- **Address:** 51 Melcher Street, BOSTON, MA, 02210-1508
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Utilities:** $44K
- **Jobs reported:** 9
## Lender
- **Originating:** Legacy Bank
- **Servicing:** Legacy Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*