# PPP loan: CAPRON LIGHTING & SOUND CO. INC.
> **$423K** approved 04/28/2020 · Paid in Full · Loan `8727217202`
## Borrower
- **Name:** CAPRON LIGHTING & SOUND CO. INC.
- **Address:** 278 WEST ST, NEEDHAM HEIGHTS, MA, 02494-1326
- **NAICS:** 561499
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $78K (18%)
- **Forgiveness date:** 02/03/2023
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $317K
- **Utilities:** $50K
- **Health care:** $56K
- **Jobs reported:** 42
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*