PPP Loan information for Furnitureland south, inc.

$5,506,200

Furnitureland south, inc. was initially approved for PPP Loan of amount $5,506,200, the current approved amount is $5,506,200. The loan was approved on 04/08/2020 by The First-Citizens Bank & Trust Company reported 490 jobs and $5,506,200 was used to fund payroll.

Furnitureland south, inc. is New Business or 2 years or less

FURNITURELAND SOUTH, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FURNITURELAND SOUTH, INC.

Borrower Address

5635 Riverdale Drive

Borrower City

JAMESTOWN

Borrower State

NC

Borrower Zip

27282-9171

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5506200.00

Current Approval Amount

5506200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

JAMESTOWN

Project County Name

GUILFORD

Project State

NC

Project Zip

27282-9171

CD

NC-06

Jobs Reported

490

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5506200.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5570313.29

Forgiveness Date

06/15/2021

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