PPP Loan information for World threads inc

$1,181,440

World threads inc was initially approved for PPP Loan of amount $1,181,440, the current approved amount is $1,181,440. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 116 jobs and $1,181,440 was used to fund payroll.

World threads inc is New Business or 2 years or less

WORLD THREADS INC

Date Approved

05/01/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

WORLD THREADS INC

Borrower Address

3300 NW 41st St Ste 1-E

Borrower City

Miami

Borrower State

FL

Borrower Zip

33142

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1181440.00

Current Approval Amount

1181440.00

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

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Miami

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33142-1800

CD

FL-26

Jobs Reported

116

NAICS Code

424330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1181440.00

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

1196199.91

Forgiveness Date

08/05/2021

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