PPP Loan information for Darran furniture industries inc.

$1,290,650

Darran furniture industries inc. was initially approved for PPP Loan of amount $1,290,650, the current approved amount is $1,290,650. The loan was approved on 01/22/2021 by The Triad Business Bank reported 154 jobs and $1,290,650 was used to fund payroll.

Darran furniture industries inc. is Existing or more than 2 years old

PPP Loan Search / NC / High Point / Darran furniture industries inc.

DARRAN FURNITURE INDUSTRIES INC.

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

DARRAN FURNITURE INDUSTRIES INC.

Borrower Address

2402 Shore St

Borrower City

High Point

Borrower State

NC

Borrower Zip

27263-2514

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1290650.00

Current Approval Amount

1290650.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

528466

Servicing Lender Name

Triad Business Bank

Servicing Lender Address

1501 Highwoods Blvd, Ste 103

Servicing Lender City

GREENSBORO

Servicing Lender State

NC

Servicing Lender Zip

27410-2051

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

RANDOLPH

Project State

NC

Project Zip

27263-2514

CD

NC-09

Jobs Reported

154

NAICS Code

337211

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1290646.00

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

528466

Originating Lender

Triad Business Bank

Originating Lender City

GREENSBORO

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1306388.76

Forgiveness Date

04/14/2022

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