# PPP loan: CARCO GROUP, INC,
> **$9.06M** approved 04/09/2020 · Paid in Full · Loan `9601957004`
## Borrower
- **Name:** CARCO GROUP, INC,
- **Address:** 5000 Corporate Court, Suite 203 0.0, Holtsville, NY, 11742-2010
- **NAICS:** 561611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $9.06M
- **Initial approval:** $9.06M
- **Forgiven:** $9.17M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.20M
- **Rent:** $425K
- **Utilities:** $70K
- **Health care:** $875K
- **Debt interest:** $1.49M
- **Jobs reported:** 500
## 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*