PPP Loan information for American furniture rentals inc

$2,000,000

American furniture rentals inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/02/2021 by The Manufacturers and Traders Trust Company reported 295 jobs and $2,000,000 was used to fund payroll.

American furniture rentals inc is Existing or more than 2 years old

PPP Loan Search / NJ / Pennsauken / American furniture rentals inc

AMERICAN FURNITURE RENTALS INC

Date Approved

02/02/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AMERICAN FURNITURE RENTALS INC

Borrower Address

720 Hylton Rd

Borrower City

Pennsauken

Borrower State

NJ

Borrower Zip

08110-1350

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pennsauken

Project County Name

CAMDEN

Project State

NJ

Project Zip

08110-1350

CD

NJ-01

Jobs Reported

295

NAICS Code

532289

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Sole Proprietorship

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2016931.51

Forgiveness Date

12/15/2021

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