# PPP loan: CAP & SEAL LP
> **$487K** approved 04/15/2020 · Paid in Full · Loan `1262417200`
## Borrower
- **Name:** CAP & SEAL LP
- **Address:** 1591 FLEETWOOD DR, ELGIN, IL, 60123-7126
- **NAICS:** 336390
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $487K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Mortgage interest:** $73K
- **Utilities:** $49K
- **Jobs reported:** 34
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*