PPP Loan information for Cato inc

$1,102,367

Cato inc was initially approved for PPP Loan of amount $1,102,367, the current approved amount is $1,102,367. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 81 jobs and $1,102,367 was used to fund payroll.

Cato inc is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Cato inc

CATO INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

CATO INC

Borrower Address

1004 Parsons Rd

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21801

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1102367.00

Current Approval Amount

1102367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-0800

CD

MD-01

Jobs Reported

81

NAICS Code

424720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13000.00

Payroll Proceed

850379.00

Mortgage Interest Proceed

16873.00

Rent Proceed

124717.00

Refinance EIDL Proceed

0.00

Health Care Proceed

59976.00

Debt Interest Proceed

37422

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1110159.07

Forgiveness Date

01/08/2021

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