# PPP loan: CAPSTONE DRILLING INC
> **$211K** approved 04/10/2020 · Paid in Full · Loan `1348907108`
## Borrower
- **Name:** CAPSTONE DRILLING INC
- **Address:** 15574 Highway 216, BROOKWOOD, AL, 35444-3707
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $211K
- **Initial approval:** $211K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 07/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $211K
- **Jobs reported:** 22
## Lender
- **Originating:** SmartBank
- **Servicing:** SmartBank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*