PPP Loan information for Furniture & things inc

$412,500

Furniture & things inc was initially approved for PPP Loan of amount $412,500, the current approved amount is $412,500. The loan was approved on 04/05/2020 by The Sterling State Bank reported 60 jobs and $412,500 was used to fund payroll.

Furniture & things inc is Existing or more than 2 years old

FURNITURE & THINGS INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FURNITURE & THINGS INC

Borrower Address

15612 JARVIS ST

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-6220

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

412500.00

Current Approval Amount

412500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-6220

CD

MN-06

Jobs Reported

60

NAICS Code

442110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

412500.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

416327.08

Forgiveness Date

03/10/2021

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