PPP Loan information for Regal house classic furniture inc

$139,395

Regal house classic furniture inc was initially approved for PPP Loan of amount $139,395, the current approved amount is $139,395. The loan was approved on 01/21/2021 by The BayCoast Bank reported 21 jobs and $139,395 was used to fund payroll.

Regal house classic furniture inc is Existing or more than 2 years old

REGAL HOUSE CLASSIC FURNITURE INC

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

REGAL HOUSE CLASSIC FURNITURE INC

Borrower Address

965 Church St

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02745-1400

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

139395.00

Current Approval Amount

139395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02745-1400

CD

MA-09

Jobs Reported

21

NAICS Code

424320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

139395.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140091.97

Forgiveness Date

07/28/2021

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