PPP Loan information for Adele knits inc

$900,386

Adele knits inc was initially approved for PPP Loan of amount $900,386, the current approved amount is $900,386. The loan was approved on 04/08/2020 by The First Horizon Bank reported 116 jobs and $900,386 was used to fund payroll.

Adele knits inc is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Adele knits inc

ADELE KNITS INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ADELE KNITS INC

Borrower Address

3304 OLD LEXINGTON RD

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27107-4119

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

900386.00

Current Approval Amount

900386.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27107-4119

CD

NC-05

Jobs Reported

116

NAICS Code

313240

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75054.00

Payroll Proceed

675289.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100043.00

Debt Interest Proceed

0

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

910215.21

Forgiveness Date

05/21/2021

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