PPP Loan information for Royal furniture company

$2,382,600

Royal furniture company was initially approved for PPP Loan of amount $2,382,600, the current approved amount is $2,382,600. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 202 jobs and $2,382,600 was used to fund payroll.

Royal furniture company is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Royal furniture company

ROYAL FURNITURE COMPANY

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

ROYAL FURNITURE COMPANY

Borrower Address

122 S MAIN ST

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38103-3621

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2382600.00

Current Approval Amount

2382600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38103-3621

CD

TN-09

Jobs Reported

202

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2382600.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2410016.22

Forgiveness Date

06/09/2021

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