# PPP loan: KAS ORIENTAL RUGS INC
> **$368K** approved 03/13/2021 · Paid in Full · Loan `2009218610`
## Borrower
- **Name:** KAS ORIENTAL RUGS INC
- **Address:** 62 Veronica Ave, Somerset, NJ, 08873-3484
- **NAICS:** 423220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $369K (100%)
- **Forgiveness date:** 07/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $368K
- **Jobs reported:** 37
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*