# PPP loan: CARNETTS MANAGEMENT COMPANY
> **$1.89M** approved 04/05/2020 · Paid in Full · Loan `5553437008`
## Borrower
- **Name:** CARNETTS MANAGEMENT COMPANY
- **Address:** 1265 OAKBROOK DR, NORCROSS, GA, 30093-2239
- **NAICS:** 811192
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.89M
- **Initial approval:** $1.89M
- **Forgiven:** $1.91M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.52M
- **Rent:** $236K
- **Mortgage interest:** $17K
- **Utilities:** $126K
- **Jobs reported:** 363
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*