# PPP loan: CAPITAL INDEX CORPORATION
> **$177K** approved 04/04/2020 · Paid in Full · Loan `4780427000`
## Borrower
- **Name:** CAPITAL INDEX CORPORATION
- **Address:** 12 HILLCREST LN, SARATOGA SPRINGS, NY, 12866-8528
- **NAICS:** 541340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $177K
- **Jobs reported:** 14
## Lender
- **Originating:** The Adirondack Trust Company
- **Servicing:** The Adirondack Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*