# PPP loan: CARPETIME INC.
> **$259K** approved 02/12/2021 · Paid in Full · Loan `7745848405`
## Borrower
- **Name:** CARPETIME INC.
- **Address:** 503 American Blvd W, Minneapolis, MN, 55420-1125
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 17
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*