# PPP loan: CAROLINA CASTING INC
> **$241K** approved 04/09/2020 · Paid in Full · Loan `9428967002`
## Borrower
- **Name:** CAROLINA CASTING INC
- **Address:** 1416 Progress Ave, HIGH POINT, NC, 27260-8319
- **NAICS:** 325211
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 43
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*