# PPP loan: CAPITOL ELECTRONICS SALES INC
> **$163K** approved 02/24/2021 · Paid in Full · Loan `3521378507`
## Borrower
- **Name:** CAPITOL ELECTRONICS SALES INC
- **Address:** 2680 E Main St, Plainfield, IN, 46168-2825
- **NAICS:** 425120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 03/22/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 10
## Lender
- **Originating:** First National Bank
- **Servicing:** First National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*