# PPP loan: CDM ENTERPRISES, INC.
> **$327K** approved 04/28/2020 · Paid in Full · Loan `9633147209`
## Borrower
- **Name:** CDM ENTERPRISES, INC.
- **Address:** 4625 N LAUNFAL AVE, PHOENIX, AZ, 85018-2915
- **NAICS:** 541690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $329K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Rent:** $33K
- **Utilities:** $16K
- **Jobs reported:** 28
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*