# PPP loan: CARPET BINDING & FRINGING, INC.
> **$156K** approved 04/15/2020 · Paid in Full · Loan `1508507204`
## Borrower
- **Name:** CARPET BINDING & FRINGING, INC.
- **Address:** 8397 TERMINAL RD B, LORTON, VA, 22079-1423
- **NAICS:** 423220
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 13
## Lender
- **Originating:** Burke & Herbert Bank & Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*