# PPP loan: CAPITOL PLASTICS RECYCLING INC
> **$310K** approved 02/04/2021 · Paid in Full · Loan `3260038402`
## Borrower
- **Name:** CAPITOL PLASTICS RECYCLING INC
- **Address:** 200 Pelican Pkwy, Halifax, NC, 27839-0020
- **NAICS:** 324199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $312K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $310K
- **Jobs reported:** 24
## Lender
- **Originating:** Southern Bank and Trust Company
- **Servicing:** Southern Bank and Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*