PPP Loan information for Huntsville wholesale furniture

$2,144,700

Huntsville wholesale furniture was initially approved for PPP Loan of amount $2,144,700, the current approved amount is $2,144,700. The loan was approved on 04/05/2020 by The Bank Independent reported 195 jobs and $2,144,700 was used to fund payroll.

Huntsville wholesale furniture is Existing or more than 2 years old

HUNTSVILLE WHOLESALE FURNITURE

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

HUNTSVILLE WHOLESALE FURNITURE

Borrower Address

410 PINE VALLEY CIR

Borrower City

BESSEMER

Borrower State

AL

Borrower Zip

35022-6098

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2144700.00

Current Approval Amount

2144700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BESSEMER

Project County Name

JEFFERSON

Project State

AL

Project Zip

35022-6098

CD

AL-07

Jobs Reported

195

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

80000.00

Payroll Proceed

1587400.00

Mortgage Interest Proceed

20000.00

Rent Proceed

457300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2173236.42

Forgiveness Date

08/05/2021

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