PPP Loan information for Freeman furniture, inc.

$52,900

Freeman furniture, inc. was initially approved for PPP Loan of amount $52,900, the current approved amount is $52,900. The loan was approved on 04/08/2020 by The Commercial Bank reported 6 jobs and $52,900 was used to fund payroll.

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

PPP Loan Search / TN / NEWPORT / Freeman furniture, inc.

FREEMAN FURNITURE, INC.

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

FREEMAN FURNITURE, INC.

Borrower Address

151 HIGHWAY 25E

Borrower City

NEWPORT

Borrower State

TN

Borrower Zip

37821-8157

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52900.00

Current Approval Amount

52900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67045

Servicing Lender Name

Commercial Bank

Servicing Lender Address

6710 Cumberland Gap Pkwy

Servicing Lender City

HARROGATE

Servicing Lender State

TN

Servicing Lender Zip

37752-8013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT

Project County Name

COCKE

Project State

TN

Project Zip

37821-8157

CD

TN-01

Jobs Reported

6

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47700.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67045

Originating Lender

Commercial Bank

Originating Lender City

HARROGATE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47182.70

Forgiveness Date

11/19/2020

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