# PPP loan: CACHET IND INC
> **$188K** approved 04/27/2020 · Charged Off · Loan `4553137203`
## Borrower
- **Name:** CACHET IND INC
- **Address:** 463 Seventh Ave suite 601, New York, NY, 10018
- **NAICS:** 448120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Status:** Charged Off
- **Term:** 3 months
## Use of funds
- **Payroll:** $188K
- **Jobs reported:** 14
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*