PPP Loan information for Overnight sofa corporation

$314,007

Overnight sofa corporation was initially approved for PPP Loan of amount $314,007, the current approved amount is $314,007. The loan was approved on 04/10/2020 by The First Horizon Bank reported 56 jobs and $314,007 was used to fund payroll.

Overnight sofa corporation is Existing or more than 2 years old

PPP Loan Search / NC / HICKORY / Overnight sofa corporation

OVERNIGHT SOFA CORPORATION

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OVERNIGHT SOFA CORPORATION

Borrower Address

3043 1ST AVE SW

Borrower City

HICKORY

Borrower State

NC

Borrower Zip

28602-1821

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314007.00

Current Approval Amount

314007.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

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

28602-1821

CD

NC-10

Jobs Reported

56

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4000.00

Payroll Proceed

273007.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

317147.07

Forgiveness Date

04/21/2021

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