# PPP loan: YALE CAROLINAS INC
> **$3.05M** approved 04/12/2020 · Paid in Full · Loan `3989047109`
## Borrower
- **Name:** YALE CAROLINAS INC
- **Address:** 9839 S TRYON ST, CHARLOTTE, NC, 28273-6505
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.05M
- **Initial approval:** $3.05M
- **Forgiven:** $3.08M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.05M
- **Jobs reported:** 228
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*