Capel INC

$985,800 PPP Loan in Troy, North Carolina

Loan Details

Loan Number
5017597202
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$985,800
Current Approval
$985,800
Forgiveness Amount
$993,686
Forgiveness Date
Feb 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Capel INC
Address
831 N Main St
City
Troy
ZIP Code
27371
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (314110)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$41.6M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$985,800

Lender Information

Servicing Lender
The Fidelity Bank
Originating Lender
The Fidelity Bank

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