# PPP loan: FABRI-QUILT, INC.
> **$1.59M** approved 04/04/2020 · Paid in Full · Loan `5029247003`
## Borrower
- **Name:** FABRI-QUILT, INC.
- **Address:** 901 E. 114th Ave, KANSAS CITY, MO, 64116
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Startup, Loan Funds will Open Business
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Rent:** $300K
- **Utilities:** $17K
- **Jobs reported:** 173
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*