# PPP loan: CAPITOL CITY IRON WORKS, INC.
> **$319K** approved 04/09/2020 · Paid in Full · Loan `1098797108`
## Borrower
- **Name:** CAPITOL CITY IRON WORKS, INC.
- **Address:** 920 E. New York Street, INDIANAPOLIS, IN, 46202-3729
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $319K
- **Initial approval:** $368K
- **Forgiven:** $321K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Rent:** $21K
- **Mortgage interest:** $21K
- **Utilities:** $21K
- **Jobs reported:** 29
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*