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Royal Furniture Company

$2,382,600 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
4529587100
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$2,382,600
Current Approval
$2,382,600
Forgiveness Amount
$2,410,016
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Royal Furniture Company
Address
122 S Main St
City
Memphis
State
Tennessee
ZIP Code
38103-3621
Business Type
Corporation
Industry (NAICS)
Retail Trade (442110)
Business Age
Existing or more than 2 years old
Jobs Reported
202
Estimated Revenue
$36.6M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$2,382,600

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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