PPP Loan information for Capone foods, inc.

$69,500

Capone foods, inc. was initially approved for PPP Loan of amount $69,500, the current approved amount is $69,500. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 10 jobs and $69,500 was used to fund payroll.

Capone foods, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Capone foods, inc.

CAPONE FOODS, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

CAPONE FOODS, INC.

Borrower Address

14 Bow St

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69500.00

Current Approval Amount

69500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-0001

CD

MA-07

Jobs Reported

10

NAICS Code

311412

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

69500.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70128.36

Forgiveness Date

03/22/2021

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