PPP Loan information for Carpet gallery + interiors inc

$184,200

Carpet gallery + interiors inc was initially approved for PPP Loan of amount $199,307, the current approved amount is $184,200. The loan was approved on 04/06/2020 by The The Old Point National Bank of Phoebus reported 18 jobs and $184,200 was used to fund payroll.

Carpet gallery + interiors inc is Existing or more than 2 years old

PPP Loan Search / VA / NEWPORT NEWS / Carpet gallery + interiors inc

CARPET GALLERY + INTERIORS INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

CARPET GALLERY + INTERIORS INC

Borrower Address

5015 W MERCURY BLVD

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23605-1401

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199307.00

Current Approval Amount

184200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23605-1401

CD

VA-03

Jobs Reported

18

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4134.00

Payroll Proceed

156041.00

Mortgage Interest Proceed

0.00

Rent Proceed

24025.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175375.85

Forgiveness Date

12/28/2020

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