# PPP loan: CAPITAL CITY POWERSPORTS LLC
> **$460K** approved 03/12/2021 · Paid in Full · Loan `1206958603`
## Borrower
- **Name:** CAPITAL CITY POWERSPORTS LLC
- **Address:** 1126 S Saunders St, Raleigh, NC, 27603-2204
- **NAICS:** 441228
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $465K (101%)
- **Forgiveness date:** 04/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $460K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*