# PPP loan: CARMICHAEL ENGINEERING, INC.
> **$378K** approved 04/07/2020 · Paid in Full · Loan `6945637002`
## Borrower
- **Name:** CARMICHAEL ENGINEERING, INC.
- **Address:** 650 Oliver Rd. PO Box 241702, MONTGOMERY, AL, 36124-1702
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $381K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Jobs reported:** 45
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*