PPP Loan information for Wells hosiery mills inc

$1,000,611

Wells hosiery mills inc was initially approved for PPP Loan of amount $1,000,600, the current approved amount is $1,000,611. The loan was approved on 04/14/2020 by The Truist Bank reported 168 jobs and $1,000,611 was used to fund payroll.

Wells hosiery mills inc is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Wells hosiery mills inc

WELLS HOSIERY MILLS INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WELLS HOSIERY MILLS INC

Borrower Address

1758 South FAYETTEVILLE ST

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27205-7356

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000600.00

Current Approval Amount

1000610.96

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

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-7356

CD

NC-09

Jobs Reported

168

NAICS Code

313230

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1000610.96

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1010728.25

Forgiveness Date

05/06/2021

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