# PPP loan: CAPITOL CITY MOTORS INC
> **$262K** approved 04/09/2020 · Paid in Full · Loan `9087797000`
## Borrower
- **Name:** CAPITOL CITY MOTORS INC
- **Address:** 1145 N 48th St 0.0, Lincoln, NE, 68504-3204
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $210K
- **Rent:** $28K
- **Utilities:** $5K
- **Health care:** $7K
- **Debt interest:** $13K
- **Jobs reported:** 28
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*