PPP Loan information for Capassso enterprises inc

$1,918,013

Capassso enterprises inc was initially approved for PPP Loan of amount $1,918,013, the current approved amount is $1,918,013. The loan was approved on 01/20/2021 by The Ion Bank reported 90 jobs and $1,918,013 was used to fund payroll.

Capassso enterprises inc is Existing or more than 2 years old

PPP Loan Search / CT / Middletown / Capassso enterprises inc

CAPASSSO ENTERPRISES INC

Date Approved

01/20/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CAPASSSO ENTERPRISES INC

Borrower Address

251 Middle St

Borrower City

Middletown

Borrower State

CT

Borrower Zip

06457-1522

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1918012.50

Current Approval Amount

1918012.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16333

Servicing Lender Name

Ion Bank

Servicing Lender Address

87 Church St

Servicing Lender City

NAUGATUCK

Servicing Lender State

CT

Servicing Lender Zip

06770-4111

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-1522

CD

CT-01

Jobs Reported

90

NAICS Code

238140

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1918007.50

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

16333

Originating Lender

Ion Bank

Originating Lender City

NAUGATUCK

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1938874.17

Forgiveness Date

03/02/2022

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