# PPP loan: CAP AMERICA, INC.
> **$2.26M** approved 04/07/2020 · Paid in Full · Loan `7056177000`
## Borrower
- **Name:** CAP AMERICA, INC.
- **Address:** 1 CAP AMERICA DR, FREDERICKTOWN, MO, 63645-6102
- **NAICS:** 315990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.26M
- **Initial approval:** $2.26M
- **Forgiven:** $2.28M (101%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.18M
- **Rent:** $4K
- **Mortgage interest:** $19K
- **Utilities:** $54K
- **Jobs reported:** 322
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*