# PPP loan: UNIVERSAL FLOORING SYSTEMS,INC
> **$303K** approved 04/10/2020 · Paid in Full · Loan `2553247104`
## Borrower
- **Name:** UNIVERSAL FLOORING SYSTEMS,INC
- **Address:** 15573 COMMERCE LN, HUNTINGTON BEACH, CA, 92649-1601
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $305K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 21
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*