PPP Loan information for Asheboro elastics corp

$639,152

Asheboro elastics corp was initially approved for PPP Loan of amount $639,152, the current approved amount is $639,152. The loan was approved on 04/10/2020 by The First Horizon Bank reported 404 jobs and $639,152 was used to fund payroll.

Asheboro elastics corp is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Asheboro elastics corp

ASHEBORO ELASTICS CORP

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ASHEBORO ELASTICS CORP

Borrower Address

150 N PARK ST

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27203-5455

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

639152.00

Current Approval Amount

639152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-5455

CD

NC-09

Jobs Reported

404

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15152.00

Payroll Proceed

492000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

120000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

643927.89

Forgiveness Date

01/20/2021

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