# PPP loan: CPI INDUSTRIES INC
> **$335K** approved 04/27/2020 · Paid in Full · Loan `5250167209`
## Borrower
- **Name:** CPI INDUSTRIES INC
- **Address:** 69-73 74th Street, Middle Village, NY, 11379
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $338K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Jobs reported:** 27
## 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*