# PPP loan: CARBONLITE INDUSTRIES, LLC
> **$1.89M** approved 04/14/2020 · Paid in Full · Loan `6066147110`
## Borrower
- **Name:** CARBONLITE INDUSTRIES, LLC
- **Address:** 875 Michigan Ave, Riverside, CA, 92507
- **NAICS:** 325211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.89M
- **Initial approval:** $1.89M
- **Forgiven:** $1.91M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Utilities:** $216K
- **Health care:** $193K
- **Jobs reported:** 135
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*