PPP Loan information for Sam levitz furniture company, inc

$4,673,150

Sam levitz furniture company, inc was initially approved for PPP Loan of amount $4,673,150, the current approved amount is $4,673,150. The loan was approved on 04/15/2020 by The Stearns Bank National Association reported 500 jobs and $4,673,150 was used to fund payroll.

Sam levitz furniture company, inc is Existing or more than 2 years old

SAM LEVITZ FURNITURE COMPANY, INC

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

SAM LEVITZ FURNITURE COMPANY, INC

Borrower Address

3430 E 36TH STREET

Borrower City

TUCSON

Borrower State

AZ

Borrower Zip

85713

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4673150.00

Current Approval Amount

4673150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TUCSON

Project County Name

PIMA

Project State

AZ

Project Zip

85713-0001

CD

AZ-07

Jobs Reported

500

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

150000.00

Payroll Proceed

3600000.00

Mortgage Interest Proceed

40000.00

Rent Proceed

703150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

180000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4732300.56

Forgiveness Date

07/28/2021

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