# PPP loan: CARMEL MOVERS, INC.
> **$166K** approved 04/06/2020 · Paid in Full · Loan `5907807010`
## Borrower
- **Name:** CARMEL MOVERS, INC.
- **Address:** 65 SPRAGUE ST, HYDE PARK, MA, 02136-2061
- **NAICS:** 484210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $133K
- **Rent:** $23K
- **Utilities:** $4K
- **Health care:** $6K
- **Jobs reported:** 19
## Lender
- **Originating:** MutualOne Bank
- **Servicing:** MutualOne Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*