# PPP loan: RUGS AS ART, INC.
> **$300K** approved 04/07/2020 · Paid in Full · Loan `6788737003`
## Borrower
- **Name:** RUGS AS ART, INC.
- **Address:** 6650 S TAMIAMI TRL, SARASOTA, FL, 34231-4842
- **NAICS:** 314110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 28
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*