# PPP loan: F AND M TILE AND TERRAZZO CO., INC.
> **$502K** approved 04/08/2020 · Paid in Full · Loan `8814817007`
## Borrower
- **Name:** F AND M TILE AND TERRAZZO CO., INC.
- **Address:** 137 CHAMBEAU RD, FORT WAYNE, IN, 46805-1700
- **NAICS:** 238340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $457K
- **Mortgage interest:** $5K
- **Utilities:** $10K
- **Health care:** $20K
- **Debt interest:** $10K
- **Jobs reported:** 45
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*