Date Approved
03/30/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
WELLS HOSIERY MILLS INC
Borrower Address
1947 N Fayetteville St Unit K
Borrower City
Asheboro
Borrower State
NC
Borrower Zip
27203-3269
Loan Status Date
10/19/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
659260.63
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
225134
Servicing Lender Name
Truist Bank
Servicing Lender Address
214 N Tryon St
Servicing Lender City
CHARLOTTE
Servicing Lender State
Servicing Lender Zip
28202-1078
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RANDOLPH
Project State
Project Zip
CD
NC-09
Jobs Reported
103
NAICS Code
314999
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
659257.63
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
662392.12
Forgiveness Date
09/27/2021