PPP Loan information for K & l furniture frames inc.

$297,000

K & l furniture frames inc. was initially approved for PPP Loan of amount $297,000, the current approved amount is $297,000. The loan was approved on 03/12/2021 by The First Choice Bank reported 60 jobs and $297,000 was used to fund payroll.

K & l furniture frames inc. is Existing or more than 2 years old

K & L FURNITURE FRAMES INC.

Date Approved

03/12/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

K & L FURNITURE FRAMES INC.

Borrower Address

1080 S Pontotoc Road

Borrower City

Pontotoc

Borrower State

MS

Borrower Zip

38863

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297000.00

Current Approval Amount

297000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39688

Servicing Lender Name

First Choice Bank

Servicing Lender Address

19 S Main St

Servicing Lender City

PONTOTOC

Servicing Lender State

MS

Servicing Lender Zip

38863-2821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pontotoc

Project County Name

PONTOTOC

Project State

MS

Project Zip

38863

CD

MS-01

Jobs Reported

60

NAICS Code

337122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

296997.00

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

39688

Originating Lender

First Choice Bank

Originating Lender City

PONTOTOC

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

299640.00

Forgiveness Date

02/02/2022

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