PPP Loan information for High point furniture industries inc.

$753,083

High point furniture industries inc. was initially approved for PPP Loan of amount $753,083, the current approved amount is $753,083. The loan was approved on 03/20/2021 by The Triad Business Bank reported 63 jobs and $753,083 was used to fund payroll.

High point furniture industries inc. is Existing or more than 2 years old

PPP Loan Search / NC / High Point / High point furniture industries inc.

HIGH POINT FURNITURE INDUSTRIES INC.

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HIGH POINT FURNITURE INDUSTRIES INC.

Borrower Address

1104 Bedford St

Borrower City

High Point

Borrower State

NC

Borrower Zip

27263-1604

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

753082.50

Current Approval Amount

753082.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27263-1604

CD

NC-06

Jobs Reported

63

NAICS Code

337127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

753078.50

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

758103.05

Forgiveness Date

11/26/2021

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