PPP Loan information for Source furniture

$578,137

Source furniture was initially approved for PPP Loan of amount $578,137, the current approved amount is $578,137. The loan was approved on 03/29/2021 by The First Horizon Bank reported 84 jobs and $578,137 was used to fund payroll.

Source furniture is Existing or more than 2 years old

SOURCE FURNITURE

Date Approved

03/29/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

SOURCE FURNITURE

Borrower Address

11451 NW 36th Ave

Borrower City

Miami

Borrower State

FL

Borrower Zip

33167-2910

Loan Status Date

10/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

578137.00

Current Approval Amount

578137.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33167-2910

CD

FL-24

Jobs Reported

84

NAICS Code

337124

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

578134.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

586006.09

Forgiveness Date

09/01/2022

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