# PPP loan: CARPET WORLD OF FORT DODGE, INC.
> **$247K** approved 04/03/2020 · Paid in Full · Loan `4577967003`
## Borrower
- **Name:** CARPET WORLD OF FORT DODGE, INC.
- **Address:** 3026 5th Ave S, FORT DODGE, IA, 50501-2928
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $150K (61%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $223K
- **Rent:** $13K
- **Utilities:** $2K
- **Health care:** $9K
- **Jobs reported:** 13
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*