PPP Loan information for Elkin furniture company

$152,873

Elkin furniture company was initially approved for PPP Loan of amount $152,873, the current approved amount is $152,873. The loan was approved on 04/15/2020 by The Skyline National Bank reported 18 jobs and $152,873 was used to fund payroll.

Elkin furniture company is Existing or more than 2 years old

PPP Loan Search / VA / GALAX / Elkin furniture company

ELKIN FURNITURE COMPANY

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ELKIN FURNITURE COMPANY

Borrower Address

300 E GRAYSON ST

Borrower City

GALAX

Borrower State

VA

Borrower Zip

24333-2964

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152873.00

Current Approval Amount

152873.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALAX

Project County Name

GALAX CITY

Project State

VA

Project Zip

24333-2964

CD

VA-09

Jobs Reported

18

NAICS Code

337122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

38218.25

Payroll Proceed

114654.75

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

153739.98

Forgiveness Date

11/18/2020

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