PPP Loan information for Vaughan-bassett furniture company incorporated

$3,624,482

Vaughan-bassett furniture company incorporated was initially approved for PPP Loan of amount $3,624,482, the current approved amount is $3,624,482. The loan was approved on 04/15/2020 by The Skyline National Bank reported 432 jobs and $3,624,482 was used to fund payroll.

Vaughan-bassett furniture company incorporated is Existing or more than 2 years old

VAUGHAN-BASSETT FURNITURE COMPANY INCORPORATED

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VAUGHAN-BASSETT FURNITURE COMPANY INCORPORATED

Borrower Address

300 E. GRAYSON ST

Borrower City

GALAX

Borrower State

VA

Borrower Zip

24333-2964

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3624482.00

Current Approval Amount

3624482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73473

Servicing Lender Name

Skyline National Bank

Servicing Lender Address

113 W Main St

Servicing Lender City

INDEPENDENCE

Servicing Lender State

VA

Servicing Lender Zip

24348

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GALAX

Project County Name

GALAX CITY

Project State

VA

Project Zip

24333-2964

CD

VA-09

Jobs Reported

432

NAICS Code

337122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

906120.50

Payroll Proceed

2718361.50

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

73473

Originating Lender

Skyline National Bank

Originating Lender City

INDEPENDENCE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3660528.22

Forgiveness Date

04/23/2021

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