PPP Loan information for Aberdeen fabrics, inc.

$277,487

Aberdeen fabrics, inc. was initially approved for PPP Loan of amount $277,487, the current approved amount is $277,487. The loan was approved on 04/12/2020 by The First Horizon Bank reported 20 jobs and $277,487 was used to fund payroll.

Aberdeen fabrics, inc. is Existing or more than 2 years old

ABERDEEN FABRICS, INC.

Date Approved

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ABERDEEN FABRICS, INC.

Borrower Address

11564 US 15 501 HWY S

Borrower City

ABERDEEN

Borrower State

NC

Borrower Zip

28315-5834

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277487.00

Current Approval Amount

277487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ABERDEEN

Project County Name

MOORE

Project State

NC

Project Zip

28315-5834

CD

NC-09

Jobs Reported

20

NAICS Code

313210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

221990.00

Mortgage Interest Proceed

2500.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2997.00

Debt Interest Proceed

15000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281225.37

Forgiveness Date

08/26/2021

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