# PPP loan: CARRLU COMPANY, INC.
> **$309K** approved 04/14/2020 · Paid in Full · Loan `5960927108`
## Borrower
- **Name:** CARRLU COMPANY, INC.
- **Address:** P.O. Box 1388, WEST CHESTER, PA, 19380
- **NAICS:** 423710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $309K
- **Initial approval:** $309K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Rent:** $30K
- **Utilities:** $2K
- **Jobs reported:** 23
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*