PPP Loan information for Furniture classics inc.

$289,300

Furniture classics inc. was initially approved for PPP Loan of amount $289,300, the current approved amount is $289,300. The loan was approved on 01/25/2021 by The TowneBank reported 17 jobs and $289,300 was used to fund payroll.

Furniture classics inc. is Existing or more than 2 years old

FURNITURE CLASSICS INC.

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FURNITURE CLASSICS INC.

Borrower Address

835 Philpotts Rd

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23513-3101

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

289300.00

Current Approval Amount

289300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23513-3101

CD

VA-03

Jobs Reported

17

NAICS Code

423210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

289298.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

292868.03

Forgiveness Date

04/21/2022

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