PPP Loan information for American silk mills, llc

$288,862

American silk mills, llc was initially approved for PPP Loan of amount $288,862, the current approved amount is $288,862. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 19 jobs and $288,862 was used to fund payroll.

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

AMERICAN SILK MILLS, LLC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AMERICAN SILK MILLS, LLC

Borrower Address

329 South Wrenn Street

Borrower City

High Point

Borrower State

NC

Borrower Zip

27260

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288862.00

Current Approval Amount

288862.00

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

27260-0001

CD

NC-06

Jobs Reported

19

NAICS Code

313210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3018.00

Payroll Proceed

231090.00

Mortgage Interest Proceed

0.00

Rent Proceed

24754.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

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

292241.29

Forgiveness Date

06/24/2021

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