PPP Loan information for Underpriced furniture

$1,642,700

Underpriced furniture was initially approved for PPP Loan of amount $1,642,700, the current approved amount is $1,642,700. The loan was approved on 04/09/2020 by The Truist Bank reported 147 jobs and $1,642,700 was used to fund payroll.

Underpriced furniture is Existing or more than 2 years old

PPP Loan Search / GA / NORCROSS / Underpriced furniture

UNDERPRICED FURNITURE

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

UNDERPRICED FURNITURE

Borrower Address

1030 NORCROSS INDUSTRIAL CT

Borrower City

NORCROSS

Borrower State

GA

Borrower Zip

30071-2618

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1642700.00

Current Approval Amount

1642700.00

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

Existing or more than 2 years old

Project City

NORCROSS

Project County Name

GWINNETT

Project State

GA

Project Zip

30071-2618

CD

GA-07

Jobs Reported

147

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1642700.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1659035.74

Forgiveness Date

04/14/2021

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