PPP Loan information for Bare furniture company inc

$34,517

Bare furniture company inc was initially approved for PPP Loan of amount $34,517, the current approved amount is $34,517. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank reported 4 jobs and $34,517 was used to fund payroll.

Bare furniture company inc is Existing or more than 2 years old

PPP Loan Search / NC / CHINA GROVE / Bare furniture company inc

BARE FURNITURE COMPANY INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BARE FURNITURE COMPANY INC

Borrower Address

1660 N MAIN ST

Borrower City

CHINA GROVE

Borrower State

NC

Borrower Zip

28023-8447

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34517.00

Current Approval Amount

34517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHINA GROVE

Project County Name

ROWAN

Project State

NC

Project Zip

28023-8447

CD

NC-08

Jobs Reported

4

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34517.00

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

Subchapter S Corporation

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

34819.98

Forgiveness Date

03/10/2021

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