PPP Loan information for Classic leather inc.

$795,500

Classic leather inc. was initially approved for PPP Loan of amount $795,500, the current approved amount is $795,500. The loan was approved on 04/07/2020 by The Peoples Bank reported 74 jobs and $795,500 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

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CLASSIC LEATHER INC.

Borrower Address

309 SIMPSON ST

Borrower City

CONOVER

Borrower State

NC

Borrower Zip

28613-8207

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

795500.00

Current Approval Amount

795500.00

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

28613-8207

CD

NC-10

Jobs Reported

74

NAICS Code

337121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

795500.00

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

800273.00

Forgiveness Date

11/20/2020

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