PPP Loan information for Common threads embroidery & apparel

$204,488

Common threads embroidery & apparel was initially approved for PPP Loan of amount $204,488, the current approved amount is $204,488. The loan was approved on 04/06/2020 by The The Park National Bank reported 29 jobs and $204,488 was used to fund payroll.

Common threads embroidery & apparel is New Business or 2 years or less

COMMON THREADS EMBROIDERY & APPAREL

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

COMMON THREADS EMBROIDERY & APPAREL

Borrower Address

4260 Orchard Park Blvd

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29303-4400

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204488.00

Current Approval Amount

204488.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29303-4400

CD

SC-04

Jobs Reported

29

NAICS Code

314999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5862.00

Payroll Proceed

155829.00

Mortgage Interest Proceed

0.00

Rent Proceed

26541.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16256.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

205580.47

Forgiveness Date

11/03/2020

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