PPP Loan information for Suminoe textiles of america corporation

$3,713,223

Suminoe textiles of america corporation was initially approved for PPP Loan of amount $3,713,223, the current approved amount is $3,713,223. The loan was approved on 04/27/2020 by The Arthur State Bank reported 309 jobs and $3,713,223 was used to fund payroll.

Suminoe textiles of america corporation is Existing or more than 2 years old

SUMINOE TEXTILES OF AMERICA CORPORATION

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SUMINOE TEXTILES OF AMERICA CORPORATION

Borrower Address

10 COMMERCE DR

Borrower City

GAFFNEY

Borrower State

SC

Borrower Zip

29340-4506

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3713223.00

Current Approval Amount

3713223.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66364

Servicing Lender Name

Arthur State Bank

Servicing Lender Address

100 E Main St

Servicing Lender City

UNION

Servicing Lender State

SC

Servicing Lender Zip

29379-2325

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAFFNEY

Project County Name

CHEROKEE

Project State

SC

Project Zip

29340-4506

CD

SC-05

Jobs Reported

309

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3713223.00

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

66364

Originating Lender

Arthur State Bank

Originating Lender City

UNION

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3756647.08

Forgiveness Date

06/30/2021

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