# PPP loan: G.L. CAPASSO INC.
> **$396K** approved 02/11/2021 · Paid in Full · Loan `6992388401`
## Borrower
- **Name:** G.L. CAPASSO INC.
- **Address:** 34 Lloyd St, New Haven, CT, 06513-4224
- **NAICS:** 238140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $396K
- **Initial approval:** $396K
- **Forgiven:** $401K (101%)
- **Forgiveness date:** 03/31/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $396K
- **Jobs reported:** 22
## Lender
- **Originating:** The Guilford Savings Bank
- **Servicing:** The Guilford Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*