# PPP loan: MICHAELS CARPET INC
> **$311K** approved 01/28/2021 · Paid in Full · Loan `7758368304`
## Borrower
- **Name:** MICHAELS CARPET INC
- **Address:** 237 Belwood Rd SE, Calhoun, GA, 30701-3902
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $311K
- **Initial approval:** $311K
- **Forgiven:** $314K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $311K
- **Jobs reported:** 27
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*