PPP Loan information for Older & better furniture

$7,500

Older & better furniture was initially approved for PPP Loan of amount $7,500, the current approved amount is $7,500. The loan was approved on 06/23/2020 by The Santander Bank, National Association reported 1 jobs and $7,500 was used to fund payroll.

Older & better furniture is New Business or 2 years or less

OLDER & BETTER FURNITURE

Date Approved

06/23/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OLDER & BETTER FURNITURE

Borrower Address

286 Park Street

Borrower City

North Reading

Borrower State

MA

Borrower Zip

01864

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7500.00

Current Approval Amount

7500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

North Reading

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01864-0001

CD

MA-06

Jobs Reported

1

NAICS Code

811490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7500.00

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

Sole Proprietorship

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7550.96

Forgiveness Date

03/02/2021

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