PPP Loan information for North carolina spinning mills inc

$273,480

North carolina spinning mills inc was initially approved for PPP Loan of amount $273,480, the current approved amount is $273,480. The loan was approved on 03/13/2021 by The Bank of America, National Association reported 32 jobs and $273,480 was used to fund payroll.

North carolina spinning mills inc is Existing or more than 2 years old

PPP Loan Search / NC / Lincolnton / North carolina spinning mills inc

NORTH CAROLINA SPINNING MILLS INC

Date Approved

03/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NORTH CAROLINA SPINNING MILLS INC

Borrower Address

104 Industrial Park Rd

Borrower City

Lincolnton

Borrower State

NC

Borrower Zip

28092-8358

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273480.00

Current Approval Amount

273480.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lincolnton

Project County Name

LINCOLN

Project State

NC

Project Zip

28092-8358

CD

NC-10

Jobs Reported

32

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

273479.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

274911.09

Forgiveness Date

09/22/2021

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