# PPP loan: DESIGNMASTER FURNITURE, INC.
> **$574K** approved 05/06/2020 · Paid in Full · Loan `2705677409`
## Borrower
- **Name:** DESIGNMASTER FURNITURE, INC.
- **Address:** 1283 23rd St SE, Hickory, NC, 28602
- **NAICS:** 337121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $579K (101%)
- **Forgiveness date:** 04/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $574K
- **Jobs reported:** 59
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*