American Furniture Rentals, Inc.

$10,000,000 PPP Loan in Pennsauken Township, New Jersey

Loan Details

Loan Number
8270007110
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$10,164,658
Forgiveness Date
Dec 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
American Furniture Rentals, Inc.
Address
720 Hylton Road
ZIP Code
08110
Business Type
Sole Proprietorship
Industry (NAICS)
Real Estate and Rental and Leasing (532289)
Business Age
Existing or more than 2 years old
Jobs Reported
264
Estimated Revenue
$119.3M
Rural/Urban
Urban
Congressional District
NJ-01

Loan Use Breakdown

Payroll
$7,090,858
Rent
$1,542,476
Health Care
$1,366,666

Lender Information

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

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