PPP Loan information for Cadence lending group inc

$410,400

Cadence lending group inc was initially approved for PPP Loan of amount $410,400, the current approved amount is $410,400. The loan was approved on 04/08/2020 by The WestStar Bank reported 25 jobs and $410,400 was used to fund payroll.

Cadence lending group inc is New Business or 2 years or less

CADENCE LENDING GROUP INC

Date Approved

04/08/2020

SBA Office Code

0677

Processing Method

PPP

Borrower Name

CADENCE LENDING GROUP INC

Borrower Address

211 W YANDELL

Borrower City

EL PASO

Borrower State

TX

Borrower Zip

79902-3923

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410400.00

Current Approval Amount

410400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113154

Servicing Lender Name

WestStar Bank

Servicing Lender Address

500 N Mesa St

Servicing Lender City

EL PASO

Servicing Lender State

TX

Servicing Lender Zip

79901-1224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

EL PASO

Project County Name

EL PASO

Project State

TX

Project Zip

79902-3923

CD

TX-16

Jobs Reported

25

NAICS Code

522310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

410400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113154

Originating Lender

WestStar Bank

Originating Lender City

EL PASO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

415267.80

Forgiveness Date

06/22/2021

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