Severegn Furniture Management Co, INC

$1,126,562 PPP Loan in Phoenixville, Pennsylvania

Loan Details

Loan Number
7966717104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,126,562
Current Approval
$1,126,562
Forgiveness Amount
$1,133,953
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Severegn Furniture Management Co, INC
Address
1000 Township Line Road Suite 6
ZIP Code
19460
Business Type
Corporation
Industry (NAICS)
Retail Trade (442110)
Business Age
Existing or more than 2 years old
Jobs Reported
88
Estimated Revenue
$15.9M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$844,922
Rent
$170,850
Utilities
$30,790
Health Care
$60,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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