# PPP loan: CAROLINA PRECISION PLASTICS LLC
> **$2.81M** approved 04/16/2020 · Paid in Full · Loan `3070147207`
## Borrower
- **Name:** CAROLINA PRECISION PLASTICS LLC
- **Address:** 405 COMMERCE PL, ASHEBORO, NC, 27203-0553
- **NAICS:** 326199
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.81M
- **Initial approval:** $2.81M
- **Forgiven:** $2.84M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.81M
- **Jobs reported:** 500
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*