PPP Loan information for Tyson furniture company inc

$578,400

Tyson furniture company inc was initially approved for PPP Loan of amount $578,400, the current approved amount is $578,400. The loan was approved on 04/11/2020 by The Truist Bank reported 48 jobs and $578,400 was used to fund payroll.

Tyson furniture company inc is Change of Ownership

PPP Loan Search / NC / BLACK MOUNTAIN / Tyson furniture company inc

TYSON FURNITURE COMPANY INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

TYSON FURNITURE COMPANY INC

Borrower Address

109 BROADWAY ST

Borrower City

BLACK MOUNTAIN

Borrower State

NC

Borrower Zip

28711-3422

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

578400.00

Current Approval Amount

578400.00

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

N

HLMI Indicator

N

Business Age Description

Change of Ownership

Project City

BLACK MOUNTAIN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-3422

CD

NC-11

Jobs Reported

48

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

578400.00

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

584890.93

Forgiveness Date

06/08/2021

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