PPP Loan information for Quality woods furniture showrooms, inc

$50,400

Quality woods furniture showrooms, inc was initially approved for PPP Loan of amount $50,400, the current approved amount is $50,400. The loan was approved on 04/04/2020 by The F & M Community Bank, National Association reported 5 jobs and $50,400 was used to fund payroll.

Quality woods furniture showrooms, inc is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Quality woods furniture showrooms, inc

QUALITY WOODS FURNITURE SHOWROOMS, INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

QUALITY WOODS FURNITURE SHOWROOMS, INC

Borrower Address

1431 HIGHWAY 52N

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-0287

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50400.00

Current Approval Amount

50400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38766

Servicing Lender Name

F & M Community Bank, National Association

Servicing Lender Address

100 St. Anthony St, North

Servicing Lender City

PRESTON

Servicing Lender State

MN

Servicing Lender Zip

55965-1104

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-0287

CD

MN-01

Jobs Reported

5

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2600.00

Payroll Proceed

37800.00

Mortgage Interest Proceed

10000.00

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

38766

Originating Lender

F & M Community Bank, National Association

Originating Lender City

PRESTON

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50774.20

Forgiveness Date

01/06/2021

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