CATO INC

Summary of PPP (Paycheck Protection Program) Loan approved to CATO INC by Manufacturers and Traders Trust Company. The loan was approved on 4/15/2020 in the range of $1-2 million.

Business Information

Name:

CATO INC

1004 PARSONS RD
SALISBURY, MD 21801
Business type: Subchapter S Corporation
Merchant Wholesalers, Nondurable Goods
→ Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 15, 2020
Lender Manufacturers and Traders Trust Company

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.