# PPP loan: ED CARPENTER RACING LLC
> **$706K** approved 03/01/2021 · Paid in Full · Loan `5710928504`
## Borrower
- **Name:** ED CARPENTER RACING LLC
- **Address:** 7231 Georgetown Rd, Indianapolis, IN, 46268-4126
- **NAICS:** 711211
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $706K
- **Initial approval:** $706K
- **Forgiven:** $715K (101%)
- **Forgiveness date:** 07/13/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $706K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*