# PPP loan: CAD ENGINEERING RESOURCES INC
> **$2.00M** approved 03/23/2021 · Exemption 4 · Loan `7316958601`
## Borrower
- **Name:** CAD ENGINEERING RESOURCES INC
- **Address:** 6100 Auburn Rd, Shelby Township, MI, 48317-4208
- **NAICS:** 561320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 268
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*