PPP Loan information for Innovative business furniture, inc.

$158,500

Innovative business furniture, inc. was initially approved for PPP Loan of amount $158,500, the current approved amount is $158,500. The loan was approved on 04/05/2020 by The First Security Bank reported 18 jobs and $158,500 was used to fund payroll.

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

PPP Loan Search / AR / SPRINGDALE / Innovative business furniture, inc.

INNOVATIVE BUSINESS FURNITURE, INC.

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

INNOVATIVE BUSINESS FURNITURE, INC.

Borrower Address

3837 ELM SPRINGS RD

Borrower City

SPRINGDALE

Borrower State

AR

Borrower Zip

72762-2704

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158500.00

Current Approval Amount

158500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGDALE

Project County Name

WASHINGTON

Project State

AR

Project Zip

72762-2704

CD

AR-03

Jobs Reported

18

NAICS Code

423210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158500.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159521.44

Forgiveness Date

12/02/2020

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