# PPP loan: CAPE MANAGEMENT TEAM LLC
> **$384K** approved 04/07/2020 · Paid in Full · Loan `7579737001`
## Borrower
- **Name:** CAPE MANAGEMENT TEAM LLC
- **Address:** 169 Main Street, STONEHAM, MA, 02180-1613
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $384K
- **Initial approval:** $385K
- **Forgiven:** $388K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $384K
- **Jobs reported:** 64
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*