PPP Loan information for American furniture group inc

$252,400

American furniture group inc was initially approved for PPP Loan of amount $252,400, the current approved amount is $252,400. The loan was approved on 04/06/2020 by The First Mid Bank & Trust, National Association reported 31 jobs and $252,400 was used to fund payroll.

American furniture group inc is Existing or more than 2 years old

PPP Loan Search / IL / SPRINGFIELD / American furniture group inc

AMERICAN FURNITURE GROUP INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

AMERICAN FURNITURE GROUP INC

Borrower Address

3203 E Sangamon Ave

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62702-2132

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

252400.00

Current Approval Amount

252400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62702-2132

CD

IL-15

Jobs Reported

31

NAICS Code

442110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31550.00

Payroll Proceed

189300.00

Mortgage Interest Proceed

0.00

Rent Proceed

31550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

243753.40

Forgiveness Date

11/03/2020

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