Direction Furniture Co.
$269,400 PPP Loan in Newton, North Carolina
Loan Details
- Loan Number
- 1787857304
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $269,400
- Current Approval
- $269,400
- Forgiveness Amount
- $271,720
- Forgiveness Date
- Mar 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Direction Furniture Co.
- Address
- 2506 N Ashe Ave
- City
- Newton
- State
- North Carolina
- ZIP Code
- 28658
- 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
- $269,400
Lender Information
- Servicing Lender
- Peoples Bank
- Originating Lender
- Peoples Bank
Other PPP Loans in Newton, NC
| Business | Approved | |
|---|---|---|
| Mccreary Modern INC | $8,363,000 | |
| Technibilt Ltd | $4,388,852 | |
| Pbm Renwood Acquisition LLC | $1,396,200 | |
| Recycling Equipment Incorporated | $624,309 | |
| Hm Woodworking Inc. | $607,200 |
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