# PPP loan: CARROLL DISTRIBUTING COMPANY
> **$1.87M** approved 04/09/2020 · Paid in Full · Loan `9241677009`
## Borrower
- **Name:** CARROLL DISTRIBUTING COMPANY
- **Address:** 1553 Chad Carroll Way 0.0, Melbourne, FL, 32940-6078
- **NAICS:** 424810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.87M
- **Initial approval:** $1.87M
- **Forgiven:** $1.88M (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.62M
- **Health care:** $249K
- **Jobs reported:** 135
## 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*