# PPP loan: CDT USA INC
> **$1.05M** approved 04/07/2020 · Paid in Full · Loan `6806007001`
## Borrower
- **Name:** CDT USA INC
- **Address:** 4458 S US HIGHWAY 441, LAKE CITY, FL, 32025-0306
- **NAICS:** 484121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $840K
- **Mortgage interest:** $70K
- **Utilities:** $70K
- **Debt interest:** $70K
- **Jobs reported:** 102
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*