# PPP loan: CEP TECHNOLOGIES CORPORATION
> **$465K** approved 03/18/2021 · Paid in Full · Loan `4731078601`
## Borrower
- **Name:** CEP TECHNOLOGIES CORPORATION
- **Address:** 763 Saw Mill River Rd, Yonkers, NY, 10710-4001
- **NAICS:** 332119
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $465K
- **Initial approval:** $465K
- **Forgiven:** $469K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $465K
- **Utilities:** $1
- **Jobs reported:** 33
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*