PPP Loan information for Carolina cotton works inc.

$1,568,585

Carolina cotton works inc. was initially approved for PPP Loan of amount $1,568,585, the current approved amount is $1,568,585. The loan was approved on 04/22/2021 by The Truist Bank reported 146 jobs and $1,568,585 was used to fund payroll.

Carolina cotton works inc. is Existing or more than 2 years old

PPP Loan Search / SC / Gaffney / Carolina cotton works inc.

CAROLINA COTTON WORKS INC.

Date Approved

04/22/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

CAROLINA COTTON WORKS INC.

Borrower Address

14 Commerce Dr

Borrower City

Gaffney

Borrower State

SC

Borrower Zip

29340-4506

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1568585.00

Current Approval Amount

1568585.00

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

Gaffney

Project County Name

CHEROKEE

Project State

SC

Project Zip

29340-4506

CD

SC-05

Jobs Reported

146

NAICS Code

314999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1568584.00

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

Subchapter S 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

1576645.78

Forgiveness Date

10/26/2021

;