Summary of PPP (Paycheck Protection Program) Loan approved to CAROTEK INC by Truist Bank d/b/a Branch Banking & Trust Co. The loan was approved on 4/10/2020 in the range of $2-5 million.
| Name: |
CAROTEK INC700 SAM NEWELL RDMATTHEWS, NC 28105 |
| Business type: | Corporation
Merchant Wholesalers, Durable Goods → Industrial Machinery and Equipment Merchant Wholesalers |
| Non-profit: | No |
| Loan amount: | $2-5 million
(50 Jobs retained) |
| Date approved: | April 10, 2020 |
| Lender | Truist Bank d/b/a Branch Banking & Trust Co |
The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.