PPP Loan information for High cotton apparel inc

$137,500

High cotton apparel inc was initially approved for PPP Loan of amount $137,500, the current approved amount is $137,500. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 17 jobs and $137,500 was used to fund payroll.

High cotton apparel inc is New Business or 2 years or less

HIGH COTTON APPAREL INC

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

HIGH COTTON APPAREL INC

Borrower Address

5010 SPOT RD

Borrower City

CUMMING

Borrower State

GA

Borrower Zip

30040-7839

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137500.00

Current Approval Amount

137500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CUMMING

Project County Name

FORSYTH

Project State

GA

Project Zip

30040-7839

CD

GA-06

Jobs Reported

17

NAICS Code

323113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138626.37

Forgiveness Date

02/25/2021

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