PPP Loan information for Malouf furniture, inc

$122,000

Malouf furniture, inc was initially approved for PPP Loan of amount $122,000, the current approved amount is $122,000. The loan was approved on 04/03/2020 by The Merchants & Marine Bank reported 14 jobs and $122,000 was used to fund payroll.

Malouf furniture, inc is Existing or more than 2 years old

MALOUF FURNITURE, INC

Date Approved

04/03/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MALOUF FURNITURE, INC

Borrower Address

920 Highway 82 West

Borrower City

GREENWOOD

Borrower State

MS

Borrower Zip

38930-2726

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122000.00

Current Approval Amount

122000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39666

Servicing Lender Name

Merchants & Marine Bank

Servicing Lender Address

3118 Pascagoula St

Servicing Lender City

PASCAGOULA

Servicing Lender State

MS

Servicing Lender Zip

39567-4215

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENWOOD

Project County Name

LEFLORE

Project State

MS

Project Zip

38930-2726

CD

MS-02

Jobs Reported

14

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6100.00

Payroll Proceed

91500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

24400

Business Type

Corporation

Originating Lender Location Id

39666

Originating Lender

Merchants & Marine Bank

Originating Lender City

PASCAGOULA

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122782.83

Forgiveness Date

12/02/2020

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