# PPP loan: CAE INC
> **$232K** approved 01/29/2021 · Paid in Full · Loan `8302058301`
## Borrower
- **Name:** CAE INC
- **Address:** 10087 Industrial Dr, Whitmore Lake, MI, 48189-9180
- **NAICS:** 335129
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $232K
- **Initial approval:** $232K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $232K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*