# PPP loan: CARPET AMERICA RECOVERY EFFORT INC.
> **$175K** approved 03/30/2021 · Paid in Full · Loan `3127738706`
## Borrower
- **Name:** CARPET AMERICA RECOVERY EFFORT INC.
- **Address:** 100 S Hamilton St, Dalton, GA, 30720-4216
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Bank OZK
- **Servicing:** Bank OZK (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*