# PPP loan: CAP-TONE, INC.
> **$221K** approved 04/10/2020 · Paid in Full · Loan `2373187102`
## Borrower
- **Name:** CAP-TONE, INC.
- **Address:** 1265 E 300 N, AMERICAN FORK, UT, 84003-2091
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Jobs reported:** 29
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*