PPP Loan information for Sherrill furniture company

$9,540,578

Sherrill furniture company was initially approved for PPP Loan of amount $9,540,600, the current approved amount is $9,540,578. The loan was approved on 04/09/2020 by The Truist Bank reported 500 jobs and $9,540,578 was used to fund payroll.

Sherrill furniture company is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Sherrill furniture company

SHERRILL FURNITURE COMPANY

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SHERRILL FURNITURE COMPANY

Borrower Address

2405 Highland Ave NE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28601-8164

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9540600.00

Current Approval Amount

9540578.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28601-8164

CD

NC-10

Jobs Reported

500

NAICS Code

337121

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

9540578.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9651884.74

Forgiveness Date

06/11/2021

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