PPP Loan information for Affordable furniture mfg. co., inc.

$2,076,978

Affordable furniture mfg. co., inc. was initially approved for PPP Loan of amount $2,076,978, the current approved amount is $2,076,978. The loan was approved on 04/09/2020 by The Independent Bank reported 286 jobs and $2,076,978 was used to fund payroll.

Affordable furniture mfg. co., inc. is Existing or more than 2 years old

AFFORDABLE FURNITURE MFG. CO., INC.

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

AFFORDABLE FURNITURE MFG. CO., INC.

Borrower Address

6496 REDLAND SAREPTA RD

Borrower City

HOULKA

Borrower State

MS

Borrower Zip

38850-9516

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2076978.20

Current Approval Amount

2076978.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122688

Servicing Lender Name

Independent Bank

Servicing Lender Address

5050 Poplar Ave, Ste 2200

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38157-2200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOULKA

Project County Name

PONTOTOC

Project State

MS

Project Zip

38850-9516

CD

MS-01

Jobs Reported

286

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2076978.20

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122688

Originating Lender

Independent Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2101151.92

Forgiveness Date

06/09/2021

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