PPP Loan information for Davis furniture industries, inc.

$3,614,760

Davis furniture industries, inc. was initially approved for PPP Loan of amount $3,614,760, the current approved amount is $3,614,760. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 266 jobs and $3,614,760 was used to fund payroll.

Davis furniture industries, inc. is Existing or more than 2 years old

DAVIS FURNITURE INDUSTRIES, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DAVIS FURNITURE INDUSTRIES, INC.

Borrower Address

2401 COLLEGE DR

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27260-8816

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3614760.00

Current Approval Amount

3614760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27260-8816

CD

NC-06

Jobs Reported

266

NAICS Code

337211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3614760.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

3657443.88

Forgiveness Date

06/28/2021

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