PPP Loan information for National spinning co., inc.

$2,013,500

National spinning co., inc. was initially approved for PPP Loan of amount $2,013,500, the current approved amount is $2,013,500. The loan was approved on 04/09/2020 by The Southern Bank and Trust Company reported 279 jobs and $2,013,500 was used to fund payroll.

National spinning co., inc. is Existing or more than 2 years old

PPP Loan Search / NC / WASHINGTON / National spinning co., inc.

NATIONAL SPINNING CO., INC.

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NATIONAL SPINNING CO., INC.

Borrower Address

1481 WEST 2ND ST

Borrower City

WASHINGTON

Borrower State

NC

Borrower Zip

27889-4157

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2013500.00

Current Approval Amount

2013500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

BEAUFORT

Project State

NC

Project Zip

27889-4157

CD

NC-03

Jobs Reported

279

NAICS Code

313110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2013500.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2032851.97

Forgiveness Date

04/02/2021

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