# PPP loan: CAPASSSO ENTERPRISES INC
> **$1.92M** approved 01/20/2021 · Paid in Full · Loan `2378088309`
## Borrower
- **Name:** CAPASSSO ENTERPRISES INC
- **Address:** 251 Middle St, Middletown, CT, 06457-1522
- **NAICS:** 238140
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 03/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.92M
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Ion Bank
- **Servicing:** Ion Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*