# PPP loan: CAPEL INCORPORATED
> **$974K** approved 02/05/2021 · Paid in Full · Loan `3962238408`
## Borrower
- **Name:** CAPEL INCORPORATED
- **Address:** 831 N Main St, Troy, NC, 27371-2507
- **NAICS:** 314110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $974K
- **Initial approval:** $974K
- **Forgiven:** $978K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $974K
- **Jobs reported:** 101
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*