# PPP loan: CAROLINA BALLET INC
> **$605K** approved 01/25/2021 · Paid in Full · Loan `5449028304`
## Borrower
- **Name:** CAROLINA BALLET INC
- **Address:** 3401 Atlantic Ave Ste 131, Raleigh, NC, 27604-1672
- **NAICS:** 711130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $605K
- **Initial approval:** $605K
- **Forgiven:** $614K (102%)
- **Forgiveness date:** 08/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $605K
- **Utilities:** $1
- **Jobs reported:** 71
## 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*