# PPP loan: CAPITOL COFFEE SYSTEMS, INC
> **$824K** approved 04/08/2020 · Paid in Full · Loan `8109587004`
## Borrower
- **Name:** CAPITOL COFFEE SYSTEMS, INC
- **Address:** 1113 CAPITAL BLVD, RALEIGH, NC, 27603-1113
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $824K
- **Initial approval:** $824K
- **Forgiven:** $833K (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $824K
- **Jobs reported:** 80
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*