# PPP loan: CAPE SEAFOODS INC
> **$318K** approved 01/25/2021 · Paid in Full · Loan `5553018301`
## Borrower
- **Name:** CAPE SEAFOODS INC
- **Address:** 3 State Fish Pier, Gloucester, MA, 01930-3016
- **NAICS:** 424460
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $318K
- **Initial approval:** $318K
- **Forgiven:** $320K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $318K
- **Jobs reported:** 23
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*