# PPP loan: ERICKSON'S FLOORING & SUPPLY CO. INC.
> **$640K** approved 01/21/2021 · Paid in Full · Loan `2611388302`
## Borrower
- **Name:** ERICKSON'S FLOORING & SUPPLY CO. INC.
- **Address:** 1013 Orchard St, Ferndale, MI, 48220-1438
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $640K
- **Initial approval:** $640K
- **Forgiven:** $643K (100%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $640K
- **Jobs reported:** 47
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*