# PPP loan: CARPENTERS REPAIR INC
> **$713K** approved 05/18/2021 · Exemption 4 · Loan `2655149004`
## Borrower
- **Name:** CARPENTERS REPAIR INC
- **Address:** 828 Balls Branch Road, Lake, WV, 25121
- **NAICS:** 213113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $688K (96%)
- **Forgiveness date:** 02/08/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $713K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*