PPP Loan information for Classic leather inc

$795,515

Classic leather inc was initially approved for PPP Loan of amount $795,515, the current approved amount is $795,515. The loan was approved on 02/03/2021 by The Peoples Bank reported 74 jobs and $795,515 was used to fund payroll.

Classic leather inc is Existing or more than 2 years old

PPP Loan Search / NC / Conover / Classic leather inc

CLASSIC LEATHER INC

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CLASSIC LEATHER INC

Borrower Address

309 Simpson St SW

Borrower City

Conover

Borrower State

NC

Borrower Zip

28613-8208

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

795515.00

Current Approval Amount

795515.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Conover

Project County Name

CATAWBA

Project State

NC

Project Zip

28613-8208

CD

NC-10

Jobs Reported

74

NAICS Code

337127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

795515.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

802343.17

Forgiveness Date

12/14/2021

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