PPP Loan information for Hickory park furniture galleries

$497,000

Hickory park furniture galleries was initially approved for PPP Loan of amount $497,000, the current approved amount is $497,000. The loan was approved on 04/08/2020 by The Peoples Bank reported 53 jobs and $497,000 was used to fund payroll.

Hickory park furniture galleries is Existing or more than 2 years old

HICKORY PARK FURNITURE GALLERIES

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HICKORY PARK FURNITURE GALLERIES

Borrower Address

2220 US HIGHWAY 70

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-5192

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

497000.00

Current Approval Amount

497000.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

HICKORY

Project County Name

CATAWBA

Project State

NC

Project Zip

28602-5192

CD

NC-10

Jobs Reported

53

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497000.00

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

Subchapter S 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

489732.61

Forgiveness Date

11/09/2020

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