# PPP loan: BELFORT FURNITURE, INC.
> **$1.48M** approved 04/08/2020 · Paid in Full · Loan `8507367003`
## Borrower
- **Name:** BELFORT FURNITURE, INC.
- **Address:** 22267 Shaw Road, STERLING, VA, 20166-9320
- **NAICS:** 442110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.48M
- **Initial approval:** $1.48M
- **Forgiven:** $1.50M (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Jobs reported:** 138
## 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*