PPP Loan information for Classic oriental rugs & home inc.

$71,990

Classic oriental rugs & home inc. was initially approved for PPP Loan of amount $71,990, the current approved amount is $71,990. The loan was approved on 01/21/2021 by The The Milford Bank reported 6 jobs and $71,990 was used to fund payroll.

Classic oriental rugs & home inc. is Existing or more than 2 years old

CLASSIC ORIENTAL RUGS & HOME INC.

Date Approved

01/21/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

CLASSIC ORIENTAL RUGS & HOME INC.

Borrower Address

1602 Boston Post Rd

Borrower City

Milford

Borrower State

CT

Borrower Zip

06460-2776

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71990.00

Current Approval Amount

71990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16310

Servicing Lender Name

The Milford Bank

Servicing Lender Address

33 Broad St

Servicing Lender City

MILFORD

Servicing Lender State

CT

Servicing Lender Zip

06460-3319

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Milford

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06460-2776

CD

CT-03

Jobs Reported

6

NAICS Code

442299

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

71988.00

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

Corporation

Originating Lender Location Id

16310

Originating Lender

The Milford Bank

Originating Lender City

MILFORD

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72423.94

Forgiveness Date

09/08/2021

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