PPP Loan information for Capitol coffee systems inc

$873,630

Capitol coffee systems inc was initially approved for PPP Loan of amount $873,630, the current approved amount is $873,630. The loan was approved on 02/02/2021 by The First Horizon Bank reported 80 jobs and $873,630 was used to fund payroll.

Capitol coffee systems inc is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Capitol coffee systems inc

CAPITOL COFFEE SYSTEMS INC

Date Approved

02/02/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CAPITOL COFFEE SYSTEMS INC

Borrower Address

1113 Capital Blvd

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27603-1113

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

873630.00

Current Approval Amount

873630.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27603-1113

CD

NC-02

Jobs Reported

80

NAICS Code

454390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

873625.00

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

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

886054.96

Forgiveness Date

07/13/2022

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