PPP Loan information for Welchel furniture company, inc.

$41,525

Welchel furniture company, inc. was initially approved for PPP Loan of amount $41,525, the current approved amount is $41,525. The loan was approved on 04/29/2020 by The First Horizon Bank reported 7 jobs and $41,525 was used to fund payroll.

Welchel furniture company, inc. is Existing or more than 2 years old

PPP Loan Search / SC / SPARTANBURG / Welchel furniture company, inc.

WELCHEL FURNITURE COMPANY, INC.

Date Approved

04/29/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

WELCHEL FURNITURE COMPANY, INC.

Borrower Address

490 ARCHER RD

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29303

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41525.00

Current Approval Amount

41525.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29303-1300

CD

SC-04

Jobs Reported

7

NAICS Code

442110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41525.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41982.93

Forgiveness Date

06/15/2021

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