# PPP loan: COVINGTON FLOORING COMPANY, INC.
> **$369K** approved 04/05/2020 · Paid in Full · Loan `5506777002`
## Borrower
- **Name:** COVINGTON FLOORING COMPANY, INC.
- **Address:** 709 First Avenue N, BIRMINGHAM, AL, 35203-3005
- **NAICS:** 238330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $347K
- **Rent:** $22K
- **Jobs reported:** 24
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*