PPP Loan information for Capitol engineering co.

$388,500

Capitol engineering co. was initially approved for PPP Loan of amount $500,000, the current approved amount is $388,500. The loan was approved on 01/20/2021 by The Newtek Small Business Finance, Inc. reported 32 jobs and $388,500 was used to fund payroll.

Capitol engineering co. is Existing or more than 2 years old

CAPITOL ENGINEERING CO.

Date Approved

01/20/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

CAPITOL ENGINEERING CO.

Borrower Address

724 E Southern Pacific Dr

Borrower City

Phoenix

Borrower State

AZ

Borrower Zip

85034-3220

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

388500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Phoenix

Project County Name

MARICOPA

Project State

AZ

Project Zip

85034-3220

CD

AZ-03

Jobs Reported

32

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

388500.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

391985.71

Forgiveness Date

02/25/2022

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