# PPP loan: M&M FLOORING INC
> **$217K** approved 04/04/2020 · Paid in Full · Loan `4700727008`
## Borrower
- **Name:** M&M FLOORING INC
- **Address:** 5730 OBSERVATION CT, COLORADO SPRINGS, CO, 80916-4740
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Mortgage interest:** $54K
- **Jobs reported:** 14
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*