# PPP loan: CAROLINA PRODUCTS INC.
> **$620K** approved 01/21/2021 · Paid in Full · Loan `2595018306`
## Borrower
- **Name:** CAROLINA PRODUCTS INC.
- **Address:** 1132 Pro Am Dr, Charlotte, NC, 28211-1100
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $620K
- **Jobs reported:** 60
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*