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Elkin Furniture Company

$152,873 PPP Loan in Galax, Virginia

Loan Details

Loan Number
1890157206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$152,873
Current Approval
$152,873
Forgiveness Amount
$153,740
Forgiveness Date
Nov 18, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Elkin Furniture Company
Address
300 E Grayson St
City
Galax
State
Virginia
ZIP Code
24333-2964
Business Type
Corporation
Industry (NAICS)
Manufacturing (337122)
Business Age
Existing or more than 2 years old
Jobs Reported
18
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
VA-09

Loan Use Breakdown

Payroll
$114,655
Utilities
$38,218

Lender Information

Servicing Lender
Skyline National Bank
Originating Lender
Skyline National Bank

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