# PPP loan: AMERICAN CARBONATION CORPORATION
> **$351K** approved 04/08/2020 · Paid in Full · Loan `8599477008`
## Borrower
- **Name:** AMERICAN CARBONATION CORPORATION
- **Address:** 19 Second ST. Palmer Ind. Park, PALMER, MA, 01069-1536
- **NAICS:** 424690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Health care:** $33K
- **Jobs reported:** 19
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*