PPP Loan information for King hickory furniture company

$1,659,400

King hickory furniture company was initially approved for PPP Loan of amount $1,659,400, the current approved amount is $1,659,400. The loan was approved on 04/29/2020 by The Peoples Bank reported 216 jobs and $1,659,400 was used to fund payroll.

King hickory furniture company is Existing or more than 2 years old

KING HICKORY FURNITURE COMPANY

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

KING HICKORY FURNITURE COMPANY

Borrower Address

1820 Main Ave SE

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28603

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1659400.00

Current Approval Amount

1659400.00

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

28603-0001

CD

NC-10

Jobs Reported

216

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1659400.00

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

1669909.53

Forgiveness Date

12/28/2020

;