# PPP loan: AMERICAN FOAM & FABRIC, INC.
> **$480K** approved 04/15/2020 · Paid in Full · Loan `8090377108`
## Borrower
- **Name:** AMERICAN FOAM & FABRIC, INC.
- **Address:** 101 Groce Rd, Lyman, SC, 29365-1739
- **NAICS:** 314999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $480K
- **Initial approval:** $480K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $480K
- **Jobs reported:** 43
## Lender
- **Originating:** Coastal Carolina National Bank
- **Servicing:** Coastal Carolina National Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*