PPP Loan information for Magnussen home furnishings, inc.-sba small 7a term

$861,972

Magnussen home furnishings, inc.-sba small 7a term was initially approved for PPP Loan of amount $861,972, the current approved amount is $861,972. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 49 jobs and $861,972 was used to fund payroll.

Magnussen home furnishings, inc.-sba small 7a term is Existing or more than 2 years old

MAGNUSSEN HOME FURNISHINGS, INC.-SBA SMALL 7A TERM

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAGNUSSEN HOME FURNISHINGS, INC.-SBA SMALL 7A TERM

Borrower Address

4523 Green Point Drive

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27410

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

861972.00

Current Approval Amount

861972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27410-1500

CD

NC-06

Jobs Reported

49

NAICS Code

337122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

861972.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

873536.79

Forgiveness Date

09/02/2021

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