# PPP loan: THE CARPENTER GROUP
> **$1.61M** approved 04/08/2020 · Paid in Full · Loan `8554447006`
## Borrower
- **Name:** THE CARPENTER GROUP
- **Address:** 222 NAPOLEON ST, SAN FRANCISCO, CA, 94124-1017
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Rent:** $262K
- **Utilities:** $28K
- **Debt interest:** $32K
- **Jobs reported:** 112
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*