PPP Loan information for Better sofas inc.

$81,075

Better sofas inc. was initially approved for PPP Loan of amount $81,075, the current approved amount is $81,075. The loan was approved on 04/16/2020 by The Pinnacle Bank reported 9 jobs and $81,075 was used to fund payroll.

Better sofas inc. is Existing or more than 2 years old

PPP Loan Search / VA / SALEM / Better sofas inc.

BETTER SOFAS INC.

Date Approved

04/16/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

BETTER SOFAS INC.

Borrower Address

3672 OLD CATAWBA RD

Borrower City

SALEM

Borrower State

VA

Borrower Zip

24153

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81075.00

Current Approval Amount

81075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

SALEM

Project State

VA

Project Zip

24153-0001

CD

VA-06

Jobs Reported

9

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81075.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82059.01

Forgiveness Date

07/09/2021

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