# PPP loan: CADBLU, INC
> **$517K** approved 04/27/2020 · Paid in Full · Loan `5813237200`
## Borrower
- **Name:** CADBLU, INC
- **Address:** 37 West 28th Street, New York, NY, 10001
- **NAICS:** 323120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $517K
- **Initial approval:** $517K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 06/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Rent:** $72K
- **Mortgage interest:** $16K
- **Utilities:** $21K
- **Health care:** $21K
- **Jobs reported:** 33
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*