# PPP loan: CAPPELLO & NOEL LLP
> **$229K** approved 04/10/2020 · Paid in Full · Loan `1804007103`
## Borrower
- **Name:** CAPPELLO & NOEL LLP
- **Address:** 831 STATE ST, SANTA BARBARA, CA, 93101-3206
- **NAICS:** 541110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Rent:** $57K
- **Jobs reported:** 14
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*