PPP Loan information for Choice furniture, inc.

$112,500

Choice furniture, inc. was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 05/01/2020 by The WebBank reported 18 jobs and $112,500 was used to fund payroll.

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

PPP Loan Search / IL / Rockford / Choice furniture, inc.

CHOICE FURNITURE, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

CHOICE FURNITURE, INC.

Borrower Address

7200 Harrison Ave

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61112

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

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

61112-0800

CD

IL-16

Jobs Reported

18

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

113653.13

Forgiveness Date

05/06/2021

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