# PPP loan: INSTALEX  TILE, INC
> **$199K** approved 04/15/2020 · Paid in Full · Loan `1201317201`
## Borrower
- **Name:** INSTALEX  TILE, INC
- **Address:** 301 S STATE COLLEGE BLVD, FULLERTON, CA, 92831-4903
- **NAICS:** 327120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $26K
- **Health care:** $14K
- **Jobs reported:** 10
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*