# PPP loan: CARAMORE COMMUNITY, INC.
> **$285K** approved 04/30/2020 · Paid in Full · Loan `5971747304`
## Borrower
- **Name:** CARAMORE COMMUNITY, INC.
- **Address:** 550 Smith Level Road, Carrboro, NC, 27510
- **NAICS:** 624310
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 56
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*