PPP Loan information for Uwharrie knits inc

$407,500

Uwharrie knits inc was initially approved for PPP Loan of amount $407,500, the current approved amount is $407,500. The loan was approved on 04/11/2020 by The Uwharrie Bank reported 52 jobs and $407,500 was used to fund payroll.

Uwharrie knits inc is Existing or more than 2 years old

PPP Loan Search / NC / Norwood / Uwharrie knits inc

UWHARRIE KNITS INC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

UWHARRIE KNITS INC

Borrower Address

PO Box 890

Borrower City

Norwood

Borrower State

NC

Borrower Zip

28128-0890

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407500.00

Current Approval Amount

407500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwood

Project County Name

STANLY

Project State

NC

Project Zip

28128-0890

CD

NC-08

Jobs Reported

52

NAICS Code

313310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

407500.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

410816.60

Forgiveness Date

02/09/2021

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