PPP Loan information for Hughes furniture industries inc

$4,171,100

Hughes furniture industries inc was initially approved for PPP Loan of amount $4,171,100, the current approved amount is $4,171,100. The loan was approved on 04/14/2020 by The Truist Bank reported 500 jobs and $4,171,100 was used to fund payroll.

Hughes furniture industries inc is Existing or more than 2 years old

PPP Loan Search / NC / RANDLEMAN / Hughes furniture industries inc

HUGHES FURNITURE INDUSTRIES INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HUGHES FURNITURE INDUSTRIES INC

Borrower Address

952 S STOUT RD

Borrower City

RANDLEMAN

Borrower State

NC

Borrower Zip

27317-7638

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4171100.00

Current Approval Amount

4171100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RANDLEMAN

Project County Name

RANDOLPH

Project State

NC

Project Zip

27317-7638

CD

NC-09

Jobs Reported

500

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4171100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4219067.65

Forgiveness Date

06/11/2021

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