PPP Loan information for Vanguard furniture co., inc.

$5,568,805

Vanguard furniture co., inc. was initially approved for PPP Loan of amount $5,568,805, the current approved amount is $5,568,805. The loan was approved on 04/28/2020 by The First Horizon Bank reported 500 jobs and $5,568,805 was used to fund payroll.

Vanguard furniture co., inc. is Existing or more than 2 years old

PPP Loan Search / NC / CONOVER / Vanguard furniture co., inc.

VANGUARD FURNITURE CO., INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

VANGUARD FURNITURE CO., INC.

Borrower Address

109 SIMPSON ST

Borrower City

CONOVER

Borrower State

NC

Borrower Zip

28613-8206

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5568805.00

Current Approval Amount

5568805.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONOVER

Project County Name

CATAWBA

Project State

NC

Project Zip

28613-8206

CD

NC-10

Jobs Reported

500

NAICS Code

337121

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

150000.00

Payroll Proceed

5250805.00

Mortgage Interest Proceed

104000.00

Rent Proceed

64000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5639033.82

Forgiveness Date

08/05/2021

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