Capone Iron Corporation

$830,000 PPP Loan in Rowley, Massachusetts

Loan Details

Loan Number
6651917008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$830,000
Current Approval
$830,000
Forgiveness Amount
$838,969
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Capone Iron Corporation
Address
20 Turcotte Memorial Drive
City
Rowley
ZIP Code
01969-1706
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$12.5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$830,000

Lender Information

Servicing Lender
Salem Five Cents Savings Bank
Originating Lender
Salem Five Cents Savings Bank

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