PPP Loan information for Southern furniture warehouse inc.

$42,000

Southern furniture warehouse inc. was initially approved for PPP Loan of amount $106,700, the current approved amount is $42,000. The loan was approved on 04/07/2020 by The The National Bank of Blacksburg reported 5 jobs and $42,000 was used to fund payroll.

Southern furniture warehouse inc. is Existing or more than 2 years old

SOUTHERN FURNITURE WAREHOUSE INC.

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOUTHERN FURNITURE WAREHOUSE INC.

Borrower Address

2110 West Main St

Borrower City

RADFORD

Borrower State

VA

Borrower Zip

24141-1690

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106700.00

Current Approval Amount

42000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RADFORD

Project County Name

RADFORD

Project State

VA

Project Zip

24141-1690

CD

VA-09

Jobs Reported

5

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42000.00

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

Subchapter S Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

42392.38

Forgiveness Date

03/25/2021

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