# PPP loan: MICHAEL HERSH CARPETS, INC.
> **$297K** approved 05/01/2020 · Paid in Full · Loan `9853847710`
## Borrower
- **Name:** MICHAEL HERSH CARPETS, INC.
- **Address:** 9005 ADAMS AVE, HUNTINGTON BEACH, CA, 92646
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $300K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 35
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*