# PPP loan: CECAL ENTERPRISES INC
> **$320K** approved 05/01/2020 · Exemption 4 · Loan `7357007707`
## Borrower
- **Name:** CECAL ENTERPRISES INC
- **Address:** 29272 KENSINGTON DR, LAGUNA NIGUEL, CA, 92677
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $293K (92%)
- **Forgiveness date:** 02/01/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 20
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*