# PPP loan: CAPITAL EQUIPMENT SALES INC.
> **$185K** approved 04/13/2020 · Paid in Full · Loan `5059237110`
## Borrower
- **Name:** CAPITAL EQUIPMENT SALES INC.
- **Address:** 1639 Armstrong Road, WARSAW, IN, 46580-2413
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $185K
- **Initial approval:** $185K
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Health care:** $13K
- **Jobs reported:** 12
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*