# PPP loan: FALCON CARPET SERVICE, INC.
> **$272K** approved 04/30/2020 · Paid in Full · Loan `4805607308`
## Borrower
- **Name:** FALCON CARPET SERVICE, INC.
- **Address:** 2766 Elliott Drive, Troy, MI, 48083-4634
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $272K
- **Initial approval:** $272K
- **Forgiven:** $274K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Mortgage interest:** $54K
- **Jobs reported:** 14
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*