PPP Loan information for Southfield furniture inc.

$375,000

Southfield furniture inc. was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 02/26/2021 by The Pinnacle Bank reported 45 jobs and $375,000 was used to fund payroll.

Southfield furniture inc. is Existing or more than 2 years old

SOUTHFIELD FURNITURE INC.

Date Approved

02/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SOUTHFIELD FURNITURE INC.

Borrower Address

2224 Shore St

Borrower City

High Point

Borrower State

NC

Borrower Zip

27263-2512

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

RANDOLPH

Project State

NC

Project Zip

27263-2512

CD

NC-09

Jobs Reported

45

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

374997.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

377054.79

Forgiveness Date

09/20/2021

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