# PPP loan: CAPITOL CARPET INC
> **$492K** approved 04/05/2020 · Paid in Full · Loan `5480547004`
## Borrower
- **Name:** CAPITOL CARPET INC
- **Address:** 500 INDUSTRIAL WAY, BOYNTON BEACH, FL, 33426-3645
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $492K
- **Initial approval:** $1.50M
- **Forgiven:** $497K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $492K
- **Jobs reported:** 48
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*