# PPP loan: CARTER TOOL COMPANY, INC.
> **$244K** approved 04/28/2020 · Paid in Full · Loan `8140347207`
## Borrower
- **Name:** CARTER TOOL COMPANY, INC.
- **Address:** 3515 Kermit Hwy, ODESSA, TX, 79764
- **NAICS:** 333132
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $249K (102%)
- **Forgiveness date:** 07/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 19
## Lender
- **Originating:** American Momentum Bank
- **Servicing:** American Momentum Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*