# PPP loan: CDYNE CORPORATION
> **$1.58M** approved 04/07/2020 · Paid in Full · Loan `7227617007`
## Borrower
- **Name:** CDYNE CORPORATION
- **Address:** 505 Independence Parkway, Suite 300, CHESAPEAKE, VA, 23320-5117
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.58M
- **Jobs reported:** 141
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*