# PPP loan: CARMEL RACQUET CLUB, INC.
> **$324K** approved 05/01/2020 · Paid in Full · Loan `6855037703`
## Borrower
- **Name:** CARMEL RACQUET CLUB, INC.
- **Address:** 225 E CARMEL DR, CARMEL, IN, 46032-2634
- **NAICS:** 713940
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $324K
- **Initial approval:** $324K
- **Forgiven:** $328K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $324K
- **Jobs reported:** 102
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*