# PPP loan: CARTERS FURNITURE INC - CAB1587
> **$228K** approved 02/13/2021 · Paid in Full · Loan `8444918403`
## Borrower
- **Name:** CARTERS FURNITURE INC - CAB1587
- **Address:** 410 N Vine St, Urbana, IL, 61802-2703
- **NAICS:** 442110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 12/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $228K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*