# PPP loan: CAPITAL MACHINERY SYSTEMS, INC.
> **$843K** approved 05/01/2020 · Paid in Full · Loan `2871237706`
## Borrower
- **Name:** CAPITAL MACHINERY SYSTEMS, INC.
- **Address:** 3207 W ANGLE RD, PENDLETON, IN, 46064
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $843K
- **Initial approval:** $843K
- **Forgiven:** $849K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $706K
- **Utilities:** $25K
- **Health care:** $112K
- **Jobs reported:** 46
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*