# PPP loan: RUSSELL CARROLL MANUFACTURING INC.
> **$543K** approved 02/02/2021 · Paid in Full · Loan `1665358403`
## Borrower
- **Name:** RUSSELL CARROLL MANUFACTURING INC.
- **Address:** 2009 Carr Pur Dr, Raleigh, NC, 27603-8885
- **NAICS:** 337127
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $543K
- **Initial approval:** $543K
- **Forgiven:** $548K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $543K
- **Utilities:** $1
- **Jobs reported:** 48
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*