# PPP loan: J.E.K. CARPET CORPORATION
> **$672K** approved 04/09/2020 · Paid in Full · Loan `9879757008`
## Borrower
- **Name:** J.E.K. CARPET CORPORATION
- **Address:** 3550 NW 77TH CT, MIAMI, FL, 33122-1120
- **NAICS:** 442210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $672K
- **Initial approval:** $672K
- **Forgiven:** $681K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $505K
- **Rent:** $117K
- **Utilities:** $50K
- **Jobs reported:** 48
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*