# PPP loan: COMMERCIAL FLOOR COVERING INC.
> **$2.00M** approved 02/01/2021 · Paid in Full · Loan `1389568410`
## Borrower
- **Name:** COMMERCIAL FLOOR COVERING INC.
- **Address:** 3611 N Staley Rd, Champaign, IL, 61822-8949
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 01/20/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 71
## Lender
- **Originating:** Iroquois Federal Savings & Loan Association
- **Servicing:** Iroquois Federal Savings & Loan Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*