As part of the Paycheck Protection Program HUGHES FURNITURE INDUSTRIES INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

HUGHES FURNITURE INDUSTRIES INC


Loan Amount	$4,171,100
BusinessName	HUGHES FURNITURE INDUSTRIES INC
Address	952 S STOUT RD
City	RANDLEMAN
State	NC
Zip	27317
NAICSCode	337121
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	500
DateApproved	04/14/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	NC-06
BusinessName.clean	HUGHES FURNITURE INDUSTRIES

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

HUGHES GENERAL CONTRACTORS
HUGHES GROUP
HUGHES GROUP
HUGHES HEALTH AND REHABILITATION
HUGHES HUBBARD REED L