# PPP loan: ENCAP INC.
> **$529K** approved 04/21/2021 · Paid in Full · Loan `7522178800`
## Borrower
- **Name:** ENCAP INC.
- **Address:** 2585 Wagner Ct, DeKalb, IL, 60115-8609
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $533K (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $528K
- **Utilities:** $1
- **Jobs reported:** 34
## Lender
- **Originating:** Union National Bank
- **Servicing:** Union National Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*