PPP Loan information for Karobway furniture co., inc

$75,700

Karobway furniture co., inc was initially approved for PPP Loan of amount $75,700, the current approved amount is $75,700. The loan was approved on 04/10/2020 by The First-Citizens Bank & Trust Company reported 11 jobs and $75,700 was used to fund payroll.

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

KAROBWAY FURNITURE CO., INC

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

KAROBWAY FURNITURE CO., INC

Borrower Address

PO BOX 06

Borrower City

SOUTH HILL

Borrower State

VA

Borrower Zip

23970

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75700.00

Current Approval Amount

75700.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOUTH HILL

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23970-0001

CD

VA-05

Jobs Reported

11

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75700.00

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

76417.59

Forgiveness Date

04/06/2021

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