Virginia Home Furnishings, Inc.

$970,600 PPP Loan in Rocky Mount, Virginia

Loan Details

Loan Number
5221377007
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$970,600
Current Approval
$970,600
Forgiveness Amount
$977,394
Forgiveness Date
Dec 16, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Virginia Home Furnishings, Inc.
Address
20050 Virgil Goode Hwy
ZIP Code
24151
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (442110)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$21.8M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$825,010
Rent
$70,000
Utilities
$48,530
Debt Interest
$27,060

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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