PPP Loan information for Cap food systems inc.

$59,900

Cap food systems inc. was initially approved for PPP Loan of amount $59,900, the current approved amount is $59,900. The loan was approved on 04/09/2020 by The Peoples Bank reported 20 jobs and $59,900 was used to fund payroll.

Cap food systems inc. is Existing or more than 2 years old

CAP FOOD SYSTEMS INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAP FOOD SYSTEMS INC.

Borrower Address

670 Park Street

Borrower City

BELMONT

Borrower State

NC

Borrower Zip

28012-2728

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59900.00

Current Approval Amount

59900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BELMONT

Project County Name

GASTON

Project State

NC

Project Zip

28012-2728

CD

NC-14

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60385.86

Forgiveness Date

02/09/2021

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