# PPP loan: CNC ASSOCIATES NY INC.
> **$3.15M** approved 04/27/2020 · Paid in Full · Loan `5470547207`
## Borrower
- **Name:** CNC ASSOCIATES NY INC.
- **Address:** 101 KENTILE RD, SOUTH PLAINFIELD, NJ, 07080-4805
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $3.15M
- **Initial approval:** $3.15M
- **Forgiven:** $2.27M (72%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.68M
- **Rent:** $473K
- **Jobs reported:** 404
## Lender
- **Originating:** Israel Discount Bank of New York
- **Servicing:** Israel Discount Bank of New York (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*