C R Laine Furniture Company INC

$1,869,400 PPP Loan in Hickory, North Carolina

Loan Details

Loan Number
8677357308
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,869,400
Current Approval
$1,869,400
Forgiveness Amount
$1,889,600
Forgiveness Date
Jun 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
C R Laine Furniture Company INC
Address
2829 Hwy 70 SE
ZIP Code
28602
Business Type
Corporation
Industry (NAICS)
Manufacturing (337121)
Business Age
Existing or more than 2 years old
Jobs Reported
195
Estimated Revenue
$51.1M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$1,869,400

Lender Information

Servicing Lender
Peoples Bank
Originating Lender
Peoples Bank

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