# PPP loan: CARPET KING, INC.
> **$599K** approved 04/05/2020 · Paid in Full · Loan `5406697005`
## Borrower
- **Name:** CARPET KING, INC.
- **Address:** 1815 WEST RIVER RD N, MINNEAPOLIS, MN, 55411-3433
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $599K
- **Initial approval:** $969K
- **Forgiven:** $602K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $599K
- **Jobs reported:** 60
## Lender
- **Originating:** 21st Century Bank
- **Servicing:** 21st Century Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*