PPP Loan information for Maxwood furniture inc

$367,595

Maxwood furniture inc was initially approved for PPP Loan of amount $367,595, the current approved amount is $367,595. The loan was approved on 04/05/2020 by The Regions Bank reported 45 jobs and $367,595 was used to fund payroll.

Maxwood furniture inc is Existing or more than 2 years old

MAXWOOD FURNITURE INC

Date Approved

04/05/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MAXWOOD FURNITURE INC

Borrower Address

816 JOHNNIE DODDS BLVD

Borrower City

MOUNT PLEASANT

Borrower State

SC

Borrower Zip

29464-3103

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

367595.00

Current Approval Amount

367595.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

CHARLESTON

Project State

SC

Project Zip

29464-3103

CD

SC-01

Jobs Reported

45

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

367595.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

370515.62

Forgiveness Date

02/09/2021

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