# PPP loan: CAPE CARGO INC.
> **$508K** approved 02/18/2021 · Paid in Full · Loan `9959198405`
## Borrower
- **Name:** CAPE CARGO INC.
- **Address:** 54B Meetinghouse Lane, Sagamore Beach, MA, 02562
- **NAICS:** 484110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $510K (100%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $508K
- **Jobs reported:** 40
## Lender
- **Originating:** Gorham Savings Bank
- **Servicing:** Gorham Savings Bank (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*