# PPP loan: DERR FLOORING CO
> **$2.29M** approved 04/27/2020 · Paid in Full · Loan `4208947209`
## Borrower
- **Name:** DERR FLOORING CO
- **Address:** 525 Davisville Rd, WILLOW GROVE, PA, 19090-1525
- **NAICS:** 423220
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.29M
- **Initial approval:** $2.29M
- **Forgiven:** $1.78M (78%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.29M
- **Jobs reported:** 155
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*