PPP Loan information for Office furniture outlet, inc.

$172,100

Office furniture outlet, inc. was initially approved for PPP Loan of amount $172,100, the current approved amount is $172,100. The loan was approved on 04/15/2020 by The Peoples Bank of Alabama reported 27 jobs and $172,100 was used to fund payroll.

Office furniture outlet, inc. is Existing or more than 2 years old

OFFICE FURNITURE OUTLET, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

OFFICE FURNITURE OUTLET, INC.

Borrower Address

11507 S Memorial Parkway

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35803-1507

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172100.00

Current Approval Amount

172100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2037

Servicing Lender Name

Peoples Bank of Alabama

Servicing Lender Address

1912 Cherokee Ave SW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-5595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35803-1507

CD

AL-05

Jobs Reported

27

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

172100.00

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

2037

Originating Lender

Peoples Bank of Alabama

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

173113.48

Forgiveness Date

11/19/2020

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