# PPP loan: REINHARD CARPET OUTLET INC.
> **$274K** approved 01/21/2021 · Paid in Full · Loan `2848768307`
## Borrower
- **Name:** REINHARD CARPET OUTLET INC.
- **Address:** 1125 W Chester Pike, Havertown, PA, 19083-3431
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 19
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*