# PPP loan: CARROLL ELECTRIC INC.
> **$229K** approved 04/04/2020 · Paid in Full · Loan `4666847004`
## Borrower
- **Name:** CARROLL ELECTRIC INC.
- **Address:** 1111 NW T ST, RICHMOND, IN, 47374-1474
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $229K
- **Jobs reported:** 20
## Lender
- **Originating:** First Bank Richmond
- **Servicing:** First Bank Richmond (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*