# PPP loan: CARTER ELECTRIC CO INC
> **$292K** approved 05/01/2020 · Paid in Full · Loan `9712127702`
## Borrower
- **Name:** CARTER ELECTRIC CO INC
- **Address:** 3940 washington rd,, augusta, GA, 30907
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 14
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*