# PPP loan: RIVERA'S FLOOR COVERING INC
> **$493K** approved 04/15/2020 · Exemption 4 · Loan `8885657102`
## Borrower
- **Name:** RIVERA'S FLOOR COVERING INC
- **Address:** 2510 HYDE PARK BLVD, LOS ANGELES, CA, 90043-4224
- **NAICS:** 238330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $493K
- **Initial approval:** $493K
- **Forgiven:** $144K (29%)
- **Forgiveness date:** 07/26/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $493K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*