CARPET CITY, INC. (ND) - 2020 PPP Loan Borrower Profile (# 4936867000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CARPET CITY, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Dakota.

Loan Detail

Loan Number

4936867000

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$156,371

Date Loan was Approved

Apr 4, 2020

Amount Forgiven

$157,826.12

Date Loan was Forgiven

Mar 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

129,971

Rent Proceed

20,400

Debt Interest Proceed

6,000

Lender

VISIONBank

Business Detail

Business Type

Corporation

NAICS

442210

Borrower Location

FARGO, ND

Project Location

FARGO, ND

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.