# PPP loan: PLATINUM FLOORCOVERING MN, INC.
> **$214K** approved 04/07/2020 · Paid in Full · Loan `7258217008`
## Borrower
- **Name:** PLATINUM FLOORCOVERING MN, INC.
- **Address:** 75 W Viking Dr Suite 101B, SAINT PAUL, MN, 55117-1362
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $214K
- **Initial approval:** $214K
- **Forgiven:** $216K (101%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $4K
- **Utilities:** $100
- **Jobs reported:** 17
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*