# PPP loan: CARBONLITE RECYCLING LLC
> **$1.59M** approved 01/26/2021 · Paid in Full · Loan `5995138310`
## Borrower
- **Name:** CARBONLITE RECYCLING LLC
- **Address:** 4685 Mountain Creek Pkwy, Dallas, TX, 75236-4605
- **NAICS:** 325211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.61M (101%)
- **Forgiveness date:** 07/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.59M
- **Utilities:** $1
- **Jobs reported:** 145
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*