AMERICAN FURNITURE STORE LLC (AL) - 2020 PPP Loan Borrower Profile (# 6844547109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN FURNITURE STORE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

6844547109

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$20,000

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$20,237.78

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,500

Payroll Proced

15,000

Rent Proceed

2,500

Lender

First Source Federal Credit Union

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

337125

Borrower Location

MONTGOMERY, AL

Project Location

MONTGOMERY, AL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.