# PPP loan: CONTRACT CARPET CORPORATION
> **$582K** approved 04/05/2020 · Paid in Full · Loan `5498637005`
## Borrower
- **Name:** CONTRACT CARPET CORPORATION
- **Address:** 850 ENTERPRISE WAY, FULLERTON, CA, 92831-5015
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $582K
- **Initial approval:** $582K
- **Forgiven:** $588K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $10K
- **Utilities:** $62K
- **Jobs reported:** 33
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*