PPP Loan information for Darran furniture industries inc

$1,290,600

Darran furniture industries inc was initially approved for PPP Loan of amount $1,290,600, the current approved amount is $1,290,600. The loan was approved on 04/09/2020 by The First-Citizens Bank & Trust Company reported 154 jobs and $1,290,600 was used to fund payroll.

Darran furniture industries inc is New Business or 2 years or less

PPP Loan Search / NC / HIGH POINT / Darran furniture industries inc

DARRAN FURNITURE INDUSTRIES INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DARRAN FURNITURE INDUSTRIES INC

Borrower Address

2402 Shore Street

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27263-2514

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1290600.00

Current Approval Amount

1290600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HIGH POINT

Project County Name

GUILFORD

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

0.00

Payroll Proceed

1290600.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1303824.23

Forgiveness Date

04/27/2021

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