PPP Loan information for Factory outlet furniture co.

$529,750

Factory outlet furniture co. was initially approved for PPP Loan of amount $529,750, the current approved amount is $529,750. The loan was approved on 04/08/2020 by The The Bank of Glen Burnie reported 35 jobs and $529,750 was used to fund payroll.

Factory outlet furniture co. is Existing or more than 2 years old

FACTORY OUTLET FURNITURE CO.

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

FACTORY OUTLET FURNITURE CO.

Borrower Address

700 B. Evelyn Ave

Borrower City

LINTHICUM HEIGHTS

Borrower State

MD

Borrower Zip

21090-1306

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

529750.00

Current Approval Amount

529750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30660

Servicing Lender Name

The Bank of Glen Burnie

Servicing Lender Address

101 Crain Hwy SE

Servicing Lender City

GLEN BURNIE

Servicing Lender State

MD

Servicing Lender Zip

21061-3527

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINTHICUM HEIGHTS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21090-1306

CD

MD-03

Jobs Reported

35

NAICS Code

442110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

529750.00

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

30660

Originating Lender

The Bank of Glen Burnie

Originating Lender City

GLEN BURNIE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

534032.15

Forgiveness Date

02/03/2021

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