# PPP loan: CAPSONIC GROUP LLC
> **$824K** approved 03/23/2021 · Paid in Full · Loan `7171978605`
## Borrower
- **Name:** CAPSONIC GROUP LLC
- **Address:** 460 2nd St, Elgin, IL, 60123-7008
- **NAICS:** 336390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $824K
- **Initial approval:** $824K
- **Forgiven:** $836K (101%)
- **Forgiveness date:** 08/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $824K
- **Jobs reported:** 51
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*