# PPP loan: CARAT EXPEDITED INC
> **$198K** approved 05/01/2020 · Charged Off · Loan `5335887702`
## Borrower
- **Name:** CARAT EXPEDITED INC
- **Address:** 9S240 LAKE DR APT 17-201, WILLOWBROOK, IL, 60527-2577
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Status:** Charged Off
- **Term:** 19 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 17
## 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*