Sherman Furniture, Inc.

$325,000 PPP Loan in Poughkeepsie, New York

Loan Details

Loan Number
2967237700
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$325,000
Current Approval
$325,000
Forgiveness Amount
$328,442
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sherman Furniture, Inc.
Address
668 Dutchess Turnpike
ZIP Code
12603
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532299)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$12.7M
Rural/Urban
Urban
Congressional District
NY-18

Loan Use Breakdown

Payroll
$265,000
Rent
$40,000
Utilities
$20,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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