PPP Loan information for Capitol funds inc

$93,400

Capitol funds inc was initially approved for PPP Loan of amount $37,300, the current approved amount is $93,400. The loan was approved on 04/10/2020 by The The Fidelity Bank reported 10 jobs and $93,400 was used to fund payroll.

Capitol funds inc is Existing or more than 2 years old

CAPITOL FUNDS INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CAPITOL FUNDS INC

Borrower Address

506 s Lafayette street

Borrower City

SHELBY

Borrower State

NC

Borrower Zip

28150-5839

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37300.00

Current Approval Amount

93400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBY

Project County Name

CLEVELAND

Project State

NC

Project Zip

28150-5839

CD

NC-10

Jobs Reported

10

NAICS Code

444130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

93400.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94014.88

Forgiveness Date

12/08/2020

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