# PPP loan: CARRIER VIBRATING EQUIPMENT, INC.
> **$4.21M** approved 04/08/2020 · Paid in Full · Loan `8683377005`
## Borrower
- **Name:** CARRIER VIBRATING EQUIPMENT, INC.
- **Address:** 3400 Fern Valley Road, LOUISVILLE, KY, 40213-3530
- **NAICS:** 333922
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.21M
- **Initial approval:** $4.21M
- **Forgiven:** $4.27M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.59M
- **Rent:** $45K
- **Mortgage interest:** $90K
- **Utilities:** $69K
- **Health care:** $235K
- **Debt interest:** $185K
- **Jobs reported:** 249
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*