# PPP loan: OLSON FLOOR SUPPLY CO INC
> **$234K** approved 05/01/2020 · Paid in Full · Loan `1858597710`
## Borrower
- **Name:** OLSON FLOOR SUPPLY CO INC
- **Address:** 172-19 LIBERTY AVENUE, JAMAICA, NY, 11433
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 01/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $181K
- **Rent:** $31K
- **Utilities:** $7K
- **Health care:** $15K
- **Jobs reported:** 14
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*