PPP Loan information for Southern textile works, inc.

$55,200

Southern textile works, inc. was initially approved for PPP Loan of amount $55,200, the current approved amount is $55,200. The loan was approved on 05/01/2020 by The Truist Bank reported 7 jobs and $55,200 was used to fund payroll.

Southern textile works, inc. is Existing or more than 2 years old

SOUTHERN TEXTILE WORKS, INC.

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SOUTHERN TEXTILE WORKS, INC.

Borrower Address

500 Frampton Street

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29624

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55200.00

Current Approval Amount

55200.00

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

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29624-0001

CD

SC-03

Jobs Reported

7

NAICS Code

314999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

55778.07

Forgiveness Date

05/26/2021

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