# PPP loan: CP DIRECT, INC.
> **$1.41M** approved 04/15/2020 · Paid in Full · Loan `8482777109`
## Borrower
- **Name:** CP DIRECT, INC.
- **Address:** 4600 A Boston Way, Lanham, MD, 20706
- **NAICS:** 323111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.62M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.23M
- **Utilities:** $72K
- **Health care:** $104K
- **Jobs reported:** 120
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*