PPP Loan information for Franks furniture factory outlet inc

$44,126

Franks furniture factory outlet inc was initially approved for PPP Loan of amount $44,126, the current approved amount is $44,126. The loan was approved on 03/30/2021 by The United Bank reported 7 jobs and $44,126 was used to fund payroll.

Franks furniture factory outlet inc is Existing or more than 2 years old

FRANKS FURNITURE FACTORY OUTLET INC

Date Approved

03/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FRANKS FURNITURE FACTORY OUTLET INC

Borrower Address

2400 Fayetteville Rd

Borrower City

Lumberton

Borrower State

NC

Borrower Zip

28358-3112

Loan Status Date

05/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

44126.00

Current Approval Amount

44126.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lumberton

Project County Name

ROBESON

Project State

NC

Project Zip

28358-3112

CD

NC-07

Jobs Reported

7

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

44123.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44574.61

Forgiveness Date

04/14/2022

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