PPP Loan information for Modern home furniture inc

$266,525

Modern home furniture inc was initially approved for PPP Loan of amount $266,525, the current approved amount is $266,525. The loan was approved on 08/05/2020 by The U.S. Bank, National Association reported 21 jobs and $266,525 was used to fund payroll.

Modern home furniture inc is New Business or 2 years or less

PPP Loan Search / OR / PORTLAND / Modern home furniture inc

MODERN HOME FURNITURE INC

Date Approved

08/05/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MODERN HOME FURNITURE INC

Borrower Address

10559 FULLER RD SE

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97222

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

266525.00

Current Approval Amount

266525.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PORTLAND

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97222-1000

CD

OR-05

Jobs Reported

21

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

266525.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

269878.77

Forgiveness Date

11/04/2021

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