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
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
Servicing Lender Zip
24348
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GALAX CITY
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
3660528.22
Forgiveness Date
04/23/2021