PPP Loan information for Royal furniture gallery

$302,812

Royal furniture gallery was initially approved for PPP Loan of amount $302,812, the current approved amount is $302,812. The loan was approved on 04/14/2020 by The First Horizon Bank reported 35 jobs and $302,812 was used to fund payroll.

Royal furniture gallery is Existing or more than 2 years old

ROYAL FURNITURE GALLERY

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

ROYAL FURNITURE GALLERY

Borrower Address

1429 N KROME AVE

Borrower City

HOMESTEAD

Borrower State

FL

Borrower Zip

33034-2431

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302812.00

Current Approval Amount

302812.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOMESTEAD

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33034-2431

CD

FL-28

Jobs Reported

35

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

302812.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306571.92

Forgiveness Date

07/15/2021

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