# PPP loan: CONTRACTORS FLOORING OUTLET
> **$349K** approved 04/15/2020 · Paid in Full · Loan `2164387205`
## Borrower
- **Name:** CONTRACTORS FLOORING OUTLET
- **Address:** 1380 GATEWAY DR ste1, ELGIN, IL, 60124-7891
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $290K
- **Rent:** $20K
- **Utilities:** $10K
- **Health care:** $29K
- **Jobs reported:** 24
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*