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 01/25/2021 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

01/25/2021

SBA Office Code

0669

Processing Method

PPS

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

10/07/2021

Loan Status

Paid in Full

Term

60

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

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

158498.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159459.81

Forgiveness Date

09/07/2021

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