# PPP loan: COLLATERAL RECOVERY SOLUTIONS LLC
> **$524K** approved 04/07/2021 · Paid in Full · Loan `8415858704`
## Borrower
- **Name:** COLLATERAL RECOVERY SOLUTIONS LLC
- **Address:** 1523 E Webb Ave, Burlington, NC, 27217-6926
- **NAICS:** 488999
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $524K
- **Initial approval:** $524K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 08/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $524K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*