PPP Loan information for American silk mills llc

$230,500

American silk mills llc was initially approved for PPP Loan of amount $230,500, the current approved amount is $230,500. The loan was approved on 04/16/2021 by The Manufacturers and Traders Trust Company reported 17 jobs and $230,500 was used to fund payroll.

American silk mills llc is Existing or more than 2 years old

AMERICAN SILK MILLS LLC

Date Approved

04/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AMERICAN SILK MILLS LLC

Borrower Address

329 S Wrenn St Ste 401B

Borrower City

High Point

Borrower State

NC

Borrower Zip

27260-6684

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

230500.00

Current Approval Amount

230500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27260-6684

CD

NC-06

Jobs Reported

17

NAICS Code

313220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

230498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231699.86

Forgiveness Date

10/29/2021

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