Vanguard Furniture Co., Inc.
$5,568,805 PPP Loan in Conover, North Carolina
Loan Details
- Loan Number
- 6833207204
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,568,805
- Current Approval
- $5,568,805
- Forgiveness Amount
- $5,639,034
- Forgiveness Date
- Aug 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Vanguard Furniture Co., Inc.
- Address
- 109 Simpson St
- City
- Conover
- State
- North Carolina
- ZIP Code
- 28613-8206
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (337121)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $130.9M
- Rural/Urban
- Rural
- Congressional District
- NC-10
Loan Use Breakdown
- Payroll
- $5,250,805
- Rent
- $64,000
- Utilities
- $150,000
- Mortgage Interest
- $104,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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|---|---|---|
| Fibrix LLC | $3,700,237 |  Research |
| Utili-Serve, LLC | $2,847,300 | Research |
| Interstate Foam & Supply INC | $2,567,102 | Research |
| Wesley Hall, INC | $2,494,900 | Research |
| Labor Connections, LLC | $1,262,400 | Research |
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