Direction Furniture Co

$269,435 PPP Loan in Newton, North Carolina

Loan Details

Loan Number
1234558609
Date Approved
Mar 13, 2021
Loan Status
Paid in Full
Initial Approval
$269,435
Current Approval
$269,435
Forgiveness Amount
$272,534
Forgiveness Date
May 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Direction Furniture Co
Address
2506 N Ashe Ave
City
Newton
ZIP Code
28658-2765
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (337215)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.5M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$269,432
Utilities
$1

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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