Capone Iron Corporation

$830,000 PPP Loan in Rowley, Massachusetts

Loan Details

Loan Number
7130968301
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$830,000
Current Approval
$830,000
Forgiveness Amount
$838,646
Forgiveness Date
Feb 8, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Capone Iron Corporation
Address
20 Turcotte Memorial Dr
City
Rowley
ZIP Code
01969-1706
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$829,998
Utilities
$1

Lender Information

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

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