PPP Loan information for Penland's furniture llc

$104,000

Penland's furniture llc was initially approved for PPP Loan of amount $104,000, the current approved amount is $104,000. The loan was approved on 05/05/2020 by The First-Citizens Bank & Trust Company reported 13 jobs and $104,000 was used to fund payroll.

Penland's furniture llc is New Business or 2 years or less

PPP Loan Search / NC / SWANNANOA / Penland's furniture llc

PENLAND'S FURNITURE LLC

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PENLAND'S FURNITURE LLC

Borrower Address

2700 US 70 HWY

Borrower City

SWANNANOA

Borrower State

NC

Borrower Zip

28778-9126

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104000.00

Current Approval Amount

104000.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SWANNANOA

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28778-9126

CD

NC-11

Jobs Reported

13

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

104000.00

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

Limited Liability Company(LLC)

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

105082.74

Forgiveness Date

05/27/2021

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