# PPP loan: SUTTON COUNTRY CARPETS
> **$408K** approved 04/03/2020 · Paid in Full · Loan `4587387010`
## Borrower
- **Name:** SUTTON COUNTRY CARPETS
- **Address:** 2017 W CEDAR HILLS DR, DUNLAP, IL, 61525-9410
- **NAICS:** 442210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $408K
- **Initial approval:** $408K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Mortgage interest:** $51K
- **Utilities:** $51K
- **Jobs reported:** 29
## Lender
- **Originating:** First Mid Bank & Trust, National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*