PPP Loan information for Shofers furniture

$284,000

Shofers furniture was initially approved for PPP Loan of amount $284,000, the current approved amount is $284,000. The loan was approved on 05/27/2020 by The Truist Bank reported 40 jobs and $284,000 was used to fund payroll.

Shofers furniture is Existing or more than 2 years old

SHOFERS FURNITURE

Date Approved

05/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SHOFERS FURNITURE

Borrower Address

930 S CHARLES ST

Borrower City

BALTIMORE

Borrower State

MD

Borrower Zip

21230-4038

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284000.00

Current Approval Amount

284000.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BALTIMORE

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21230-4038

CD

MD-07

Jobs Reported

40

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

287250.22

Forgiveness Date

07/20/2021

;