# PPP loan: FLOORING INSTALLATION SYSTEMS, INC.
> **$328K** approved 04/11/2020 · Paid in Full · Loan `3424747110`
## Borrower
- **Name:** FLOORING INSTALLATION SYSTEMS, INC.
- **Address:** 3160 BORDENTOWN AVE STE 2, Old Bridge, NJ, 08857-9703
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $332K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Rent:** $41K
- **Utilities:** $41K
- **Jobs reported:** 22
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*