PPP Loan information for Newman's furniture of elgin, inc

$32,000

Newman's furniture of elgin, inc was initially approved for PPP Loan of amount $32,000, the current approved amount is $32,000. The loan was approved on 04/09/2020 by The First Palmetto Bank reported 5 jobs and $32,000 was used to fund payroll.

Newman's furniture of elgin, inc is Existing or more than 2 years old

NEWMAN'S FURNITURE OF ELGIN, INC

Date Approved

04/09/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

NEWMAN'S FURNITURE OF ELGIN, INC

Borrower Address

2931 Highway 1 South

Borrower City

ELGIN

Borrower State

SC

Borrower Zip

29045-9405

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32000.00

Current Approval Amount

32000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KERSHAW

Project State

SC

Project Zip

29045-9405

CD

SC-05

Jobs Reported

5

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

25600.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

32261.33

Forgiveness Date

02/16/2021

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