# PPP loan: RUG & HOME OF KANNAPOLIS INC.
> **$206K** approved 03/12/2021 · Paid in Full · Loan `9305068500`
## Borrower
- **Name:** RUG & HOME OF KANNAPOLIS INC.
- **Address:** 3333 Cloverleaf Pkwy, Kannapolis, NC, 28083-6991
- **NAICS:** 442110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 12/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 38
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*