PPP Loan information for Powell's furniture inc

$448,200

Powell's furniture inc was initially approved for PPP Loan of amount $448,200, the current approved amount is $448,200. The loan was approved on 04/29/2020 by The Virginia Partners Bank reported 54 jobs and $448,200 was used to fund payroll.

Powell's furniture inc is Existing or more than 2 years old

PPP Loan Search / VA / FREDERICKSBURG / Powell's furniture inc

POWELL'S FURNITURE INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

POWELL'S FURNITURE INC

Borrower Address

4001 PLANK RD

Borrower City

FREDERICKSBURG

Borrower State

VA

Borrower Zip

22407-4801

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

448200.00

Current Approval Amount

448200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457564

Servicing Lender Name

Virginia Partners Bank

Servicing Lender Address

410 William St

Servicing Lender City

FREDERICKSBURG

Servicing Lender State

VA

Servicing Lender Zip

22401-5834

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREDERICKSBURG

Project County Name

SPOTSYLVANIA

Project State

VA

Project Zip

22407-4801

CD

VA-07

Jobs Reported

54

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

448200.00

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

457564

Originating Lender

Virginia Partners Bank

Originating Lender City

FREDERICKSBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

450428.55

Forgiveness Date

11/03/2020

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