# PPP loan: CUT RATE CARPET LLC
> **$161K** approved 02/12/2021 · Paid in Full · Loan `7507828404`
## Borrower
- **Name:** CUT RATE CARPET LLC
- **Address:** 508 W Mulberry St, Angleton, TX, 77515-5506
- **NAICS:** 442210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $161K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 11
## Lender
- **Originating:** The First State Bank
- **Servicing:** The First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*