PPP Loan information for Rice furniture co inc

$50,200

Rice furniture co inc was initially approved for PPP Loan of amount $50,200, the current approved amount is $50,200. The loan was approved on 04/16/2020 by The United Community Bank reported 8 jobs and $50,200 was used to fund payroll.

Rice furniture co inc is Existing or more than 2 years old

RICE FURNITURE CO INC

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

RICE FURNITURE CO INC

Borrower Address

1266 ASHEVILLE HWY

Borrower City

BREVARD

Borrower State

NC

Borrower Zip

28712

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50200.00

Current Approval Amount

50200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BREVARD

Project County Name

TRANSYLVANIA

Project State

NC

Project Zip

28712-0001

CD

NC-11

Jobs Reported

8

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50200.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50462.69

Forgiveness Date

11/02/2020

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