PPP Loan information for C r laine furniture company inc

$1,869,400

C r laine furniture company inc was initially approved for PPP Loan of amount $1,869,400, the current approved amount is $1,869,400. The loan was approved on 05/01/2020 by The Peoples Bank reported 195 jobs and $1,869,400 was used to fund payroll.

C r laine furniture company inc is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / C r laine furniture company inc

C R LAINE FURNITURE COMPANY INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

C R LAINE FURNITURE COMPANY INC

Borrower Address

2829 HWY 70 SE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1869400.00

Current Approval Amount

1869400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-1100

CD

NC-10

Jobs Reported

195

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1869400.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1889599.91

Forgiveness Date

06/08/2021

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