# PPP loan: IDEAL FLOORS INC
> **$179K** approved 04/04/2020 · Paid in Full · Loan `4595827000`
## Borrower
- **Name:** IDEAL FLOORS INC
- **Address:** 2216 George Flagg Parkway, DES MOINES, IA, 50321-1151
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Rent:** $27K
- **Utilities:** $2K
- **Jobs reported:** 10
## 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*