# PPP loan: CARMECO, INC.
> **$556K** approved 04/09/2020 · Paid in Full · Loan `9487987008`
## Borrower
- **Name:** CARMECO, INC.
- **Address:** 301 CARMECO RD, LEBANON, MO, 65536-8109
- **NAICS:** 333514
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $556K
- **Initial approval:** $556K
- **Forgiven:** $560K (101%)
- **Forgiveness date:** 02/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $420K
- **Rent:** $30K
- **Mortgage interest:** $12K
- **Utilities:** $27K
- **Health care:** $41K
- **Debt interest:** $26K
- **Jobs reported:** 51
## Lender
- **Originating:** First State Community Bank
- **Servicing:** First State Community Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*