# PPP loan: CAROLINA TIME EQUIPMENT CO INC
> **$872K** approved 04/08/2020 · Paid in Full · Loan `7743837010`
## Borrower
- **Name:** CAROLINA TIME EQUIPMENT CO INC
- **Address:** 1801 NORLAND RD, CHARLOTTE, NC, 28205-5707
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $872K
- **Initial approval:** $872K
- **Forgiven:** $884K (101%)
- **Forgiveness date:** 09/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $872K
- **Jobs reported:** 58
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*