# PPP loan: CAPPELLO CUSTOM RAC
> **$180K** approved 04/14/2020 · Paid in Full · Loan `5948557101`
## Borrower
- **Name:** CAPPELLO CUSTOM RAC
- **Address:** 11 COMMERCE RD, SHREWSBURY, MA, 01545-4291
- **NAICS:** 811310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 11
## Lender
- **Originating:** Avidia Bank
- **Servicing:** Avidia Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*