# PPP loan: CAROLINA RECORDING SYSTEMS LLC
> **$275K** approved 01/25/2021 · Paid in Full · Loan `5755148303`
## Borrower
- **Name:** CAROLINA RECORDING SYSTEMS LLC
- **Address:** 200 Dalton Ave Ste B, Charlotte, NC, 28206-3438
- **NAICS:** 512290
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $276K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 20
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*