# PPP loan: CAPWAY AUTOMATION, INC.
> **$416K** approved 04/08/2020 · Paid in Full · Loan `8680687009`
## Borrower
- **Name:** CAPWAY AUTOMATION, INC.
- **Address:** 725 Vogelsong Rd, YORK, PA, 17404-1765
- **NAICS:** 333241
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $416K
- **Initial approval:** $416K
- **Forgiven:** $418K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Rent:** $83K
- **Jobs reported:** 28
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*