# PPP loan: CARCO AUTOMOTIVE, INC
> **$170K** approved 04/11/2020 · Paid in Full · Loan `2981747108`
## Borrower
- **Name:** CARCO AUTOMOTIVE, INC
- **Address:** 13289 25TH AVE NW, RICE, MN, 56367-7704
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $171K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $170K
- **Jobs reported:** 21
## Lender
- **Originating:** American National Bank of Minnesota
- **Servicing:** American National Bank of Minnesota (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*