# PPP loan: CAROLINA CUSTOM CHAIRS INC
> **$165K** approved 04/13/2020 · Paid in Full · Loan `4968357103`
## Borrower
- **Name:** CAROLINA CUSTOM CHAIRS INC
- **Address:** 1228 Green Farm Road, ASHEBORO, NC, 27205-2346
- **NAICS:** 337121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Utilities:** $7K
- **Debt interest:** $10K
- **Jobs reported:** 31
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*