# PPP loan: MOLDCABLE INC
> **$3.73M** approved 05/01/2020 · Charged Off · Loan `4904447706`
## Borrower
- **Name:** MOLDCABLE INC
- **Address:** 300 W SOMERDALE RD SUITE 5, VOORHEES TOWNSHIP, NJ, 08043
- **NAICS:** 515210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.73M
- **Initial approval:** $3.73M
- **Forgiven:** $22K (1%)
- **Forgiveness date:** 11/02/2022
- **Status:** Charged Off
- **Term:** 26 months
## Use of funds
- **Payroll:** $3.73M
- **Jobs reported:** 1
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*