# PPP loan: JK CARPET CENTER, INC.
> **$246K** approved 05/01/2020 · Paid in Full · Loan `7253957705`
## Borrower
- **Name:** JK CARPET CENTER, INC.
- **Address:** 985 BROADWAY ST NE, SALEM, OR, 97301
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $251K (102%)
- **Forgiveness date:** 04/29/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Jobs reported:** 7
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*