# PPP loan: CARNEL, INC.
> **$284K** approved 04/14/2020 · Paid in Full · Loan `6090547101`
## Borrower
- **Name:** CARNEL, INC.
- **Address:** 505 BROADWAY ST, SEASIDE, OR, 97138-5824
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Rent:** $43K
- **Mortgage interest:** $3K
- **Utilities:** $6K
- **Health care:** $4K
- **Jobs reported:** 63
## Lender
- **Originating:** Lewis & Clark Bank
- **Servicing:** Lewis & Clark Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*