Overnight Sofa Corporation

$314,007 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
1439207105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$314,007
Current Approval
$314,007
Forgiveness Amount
$317,147
Forgiveness Date
Apr 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Overnight Sofa Corporation
Address
3043 1st Ave SW
ZIP Code
28602-1821
Business Type
Corporation
Industry (NAICS)
Manufacturing (337121)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$14.7M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$273,007
Rent
$18,000
Utilities
$4,000
Health Care
$19,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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