PPP Loan information for Independent furniture supply co., inc.

$1,893,537

Independent furniture supply co., inc. was initially approved for PPP Loan of amount $1,893,537, the current approved amount is $1,893,537. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 278 jobs and $1,893,537 was used to fund payroll.

Independent furniture supply co., inc. is New Business or 2 years or less

PPP Loan Search / MS / Tupelo / Independent furniture supply co., inc.

INDEPENDENT FURNITURE SUPPLY CO., INC.

Date Approved

05/01/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

INDEPENDENT FURNITURE SUPPLY CO., INC.

Borrower Address

3609 W Jackson St

Borrower City

Tupelo

Borrower State

MS

Borrower Zip

38801

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1893537.00

Current Approval Amount

1893537.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Tupelo

Project County Name

LEE

Project State

MS

Project Zip

38801-0003

CD

MS-01

Jobs Reported

278

NAICS Code

326150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1893537.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1908218.40

Forgiveness Date

02/10/2021

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