PPP Loan information for American spool & packaging

$379,100

American spool & packaging was initially approved for PPP Loan of amount $379,100, the current approved amount is $379,100. The loan was approved on 04/06/2020 by The Carolina Bank & Trust Co. reported 48 jobs and $379,100 was used to fund payroll.

American spool & packaging is Existing or more than 2 years old

AMERICAN SPOOL & PACKAGING

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

AMERICAN SPOOL & PACKAGING

Borrower Address

1832 NORTH 5TH ST

Borrower City

HARTSVILLE

Borrower State

SC

Borrower Zip

29550-1708

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

379100.00

Current Approval Amount

379100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARTSVILLE

Project County Name

DARLINGTON

Project State

SC

Project Zip

29550-1708

CD

SC-07

Jobs Reported

48

NAICS Code

322212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

302900.00

Mortgage Interest Proceed

0.00

Rent Proceed

39200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

17000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

383306.45

Forgiveness Date

05/25/2021

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