PPP Loan information for Choice furniture inc.

$89,102

Choice furniture inc. was initially approved for PPP Loan of amount $89,102, the current approved amount is $89,102. The loan was approved on 02/20/2021 by The WebBank reported 12 jobs and $89,102 was used to fund payroll.

Choice furniture inc. is Existing or more than 2 years old

CHOICE FURNITURE INC.

Date Approved

02/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

CHOICE FURNITURE INC.

Borrower Address

7200 Harrison Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61112-1017

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89102.00

Current Approval Amount

89102.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockford

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61112-1017

CD

IL-16

Jobs Reported

12

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

89100.00

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

Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

89817.29

Forgiveness Date

12/20/2021

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