# PPP loan: CAPITAL AREA SOCCER LEAGUE INC.
> **$1.22M** approved 02/02/2021 · Paid in Full · Loan `1681088405`
## Borrower
- **Name:** CAPITAL AREA SOCCER LEAGUE INC.
- **Address:** 5017 Memory Rd, Raleigh, NC, 27609-5589
- **NAICS:** 611620
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 02/10/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Jobs reported:** 219
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*