PPP Loan information for Taylor king furniture inc

$1,540,627

Taylor king furniture inc was initially approved for PPP Loan of amount $1,540,627, the current approved amount is $1,540,627. The loan was approved on 03/26/2021 by The Truist Bank reported 163 jobs and $1,540,627 was used to fund payroll.

Taylor king furniture inc is Existing or more than 2 years old

PPP Loan Search / NC / Taylorsville / Taylor king furniture inc

TAYLOR KING FURNITURE INC

Date Approved

03/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TAYLOR KING FURNITURE INC

Borrower Address

286 County Home Rd

Borrower City

Taylorsville

Borrower State

NC

Borrower Zip

28681-9375

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1540627.00

Current Approval Amount

1540627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Taylorsville

Project County Name

ALEXANDER

Project State

NC

Project Zip

28681-9375

CD

NC-10

Jobs Reported

163

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1540623.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1560655.15

Forgiveness Date

07/12/2022

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