Gorman's Furniture, Inc.
$878,023 PPP Loan in Farmington Hills, Michigan
Loan Details
- Loan Number
- 8267587304
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $878,023
- Current Approval
- $878,023
- Forgiveness Amount
- $885,437
- Forgiveness Date
- Mar 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Gorman's Furniture, Inc.
- Address
- 23231 Industrial Park Dr
- City
- Farmington Hills
- State
- Michigan
- ZIP Code
- 48335-2844
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (442110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 59
- Estimated Revenue
- $10.7M
- Rural/Urban
- Urban
- Congressional District
- MI-11
Loan Use Breakdown
- Payroll
- $878,023
Lender Information
- Servicing Lender
- Oxford Bank
- Originating Lender
- Oxford Bank
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