# PPP loan: FLOOR COVERING ASSOCIATES, INC.
> **$293K** approved 04/14/2020 · Paid in Full · Loan `7029347106`
## Borrower
- **Name:** FLOOR COVERING ASSOCIATES, INC.
- **Address:** 1000 Brookforest Ave, SHOREWOOD, IL, 60404
- **NAICS:** 442210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $293K
- **Initial approval:** $386K
- **Forgiven:** $295K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $73K
- **Jobs reported:** 30
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*