# PPP loan: ABBOTT PAINT AND CARPET, INC.
> **$268K** approved 04/13/2020 · Paid in Full · Loan `5270567110`
## Borrower
- **Name:** ABBOTT PAINT AND CARPET, INC.
- **Address:** 1808 GRAND AVE, SAINT PAUL, MN, 55105-1818
- **NAICS:** 444120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 34
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*