PPP Loan information for National carpet outlet, inc.

$1,396,500

National carpet outlet, inc. was initially approved for PPP Loan of amount $1,396,500, the current approved amount is $1,396,500. The loan was approved on 04/03/2020 by The First Commonwealth Bank reported 121 jobs and $1,396,500 was used to fund payroll.

National carpet outlet, inc. is Existing or more than 2 years old

NATIONAL CARPET OUTLET, INC.

Date Approved

04/03/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

NATIONAL CARPET OUTLET, INC.

Borrower Address

2255 MEDINA RD

Borrower City

MEDINA

Borrower State

OH

Borrower Zip

44256-9695

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1396500.00

Current Approval Amount

1396500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60009

Servicing Lender Name

First Commonwealth Bank

Servicing Lender Address

600 Philadelphia St

Servicing Lender City

INDIANA

Servicing Lender State

PA

Servicing Lender Zip

15701-3904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEDINA

Project County Name

MEDINA

Project State

OH

Project Zip

44256-9695

CD

OH-07

Jobs Reported

121

NAICS Code

238330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1396500.00

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

60009

Originating Lender

First Commonwealth Bank

Originating Lender City

INDIANA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1415285.79

Forgiveness Date

08/16/2021

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