# PPP loan: CAPSTONE HOMES, INC.
> **$1.12M** approved 04/06/2020 · Paid in Full · Loan `6254617008`
## Borrower
- **Name:** CAPSTONE HOMES, INC.
- **Address:** 14015 SUNFISH LAKE BLVD, ANOKA, MN, 55303-4892
- **NAICS:** 236118
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $841K
- **Rent:** $224K
- **Utilities:** $56K
- **Jobs reported:** 68
## Lender
- **Originating:** Tradition Capital Bank
- **Servicing:** Tradition Capital Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*