# PPP loan: MELROSE DISCOUNT CARPET, INC.
> **$259K** approved 04/28/2020 · Paid in Full · Loan `8971047201`
## Borrower
- **Name:** MELROSE DISCOUNT CARPET, INC.
- **Address:** 7951 Melrose Avenue, Los Angeles, CA, 90046-7109
- **NAICS:** 423220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $262K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $259K
- **Jobs reported:** 22
## Lender
- **Originating:** Harvest Small Business Finance, LLC
- **Servicing:** Harvest Small Business Finance, LLC (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*