PPP Loan information for American factory direct furniture outlets, inc.

$939,160

American factory direct furniture outlets, inc. was initially approved for PPP Loan of amount $939,160, the current approved amount is $939,160. The loan was approved on 04/30/2020 by The BankPlus reported 112 jobs and $939,160 was used to fund payroll.

American factory direct furniture outlets, inc. is Existing or more than 2 years old

AMERICAN FACTORY DIRECT FURNITURE OUTLETS, INC.

Date Approved

04/30/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

AMERICAN FACTORY DIRECT FURNITURE OUTLETS, INC.

Borrower Address

210 New Camellia Blvd

Borrower City

COVINGTON

Borrower State

LA

Borrower Zip

70433

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

939160.00

Current Approval Amount

939160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39099

Servicing Lender Name

BankPlus

Servicing Lender Address

202 E Jackson St

Servicing Lender City

BELZONI

Servicing Lender State

MS

Servicing Lender Zip

39038-3524

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70433-0001

CD

LA-01

Jobs Reported

112

NAICS Code

442110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

45000.00

Payroll Proceed

704370.00

Mortgage Interest Proceed

11000.00

Rent Proceed

110280.00

Refinance EIDL Proceed

0.00

Health Care Proceed

66000.00

Debt Interest Proceed

2510

Business Type

Corporation

Originating Lender Location Id

39099

Originating Lender

BankPlus

Originating Lender City

BELZONI

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

949360.32

Forgiveness Date

06/04/2021

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