# PPP loan: SULCA'S CARPETS INC
> **$150K** approved 04/28/2020 · Paid in Full · Loan `7569217201`
## Borrower
- **Name:** SULCA'S CARPETS INC
- **Address:** 9766 WATERMAN RD STE K, ELK GROVE, CA, 95624
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 26
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*