# PPP loan: PIERCE FURNITURE, INC.
> **$483K** approved 04/08/2020 · Paid in Full · Loan `8281287010`
## Borrower
- **Name:** PIERCE FURNITURE, INC.
- **Address:** 1383 DANVILLE DR, ABILENE, TX, 79605-4618
- **NAICS:** 442110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $362K
- **Utilities:** $121K
- **Jobs reported:** 70
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*