# PPP loan: DOUGLAS FLOOR COVERING INC.
> **$907K** approved 01/21/2021 · Paid in Full · Loan `2550708308`
## Borrower
- **Name:** DOUGLAS FLOOR COVERING INC.
- **Address:** 200 Alder Dr, North Aurora, IL, 60542-1477
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $907K
- **Initial approval:** $907K
- **Forgiven:** $912K (100%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $907K
- **Utilities:** $1
- **Jobs reported:** 55
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*