# PPP loan: FLOORING 101, INC.
> **$617K** approved 04/15/2020 · Paid in Full · Loan `9032707107`
## Borrower
- **Name:** FLOORING 101, INC.
- **Address:** 1720 JONES WAY, OXNARD, CA, 93033-2751
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $625K (101%)
- **Forgiveness date:** 08/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $424K
- **Rent:** $135K
- **Utilities:** $22K
- **Health care:** $36K
- **Jobs reported:** 49
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*