Briggs-Shaffner Acquisition Company
$435,000 PPP Loan in Yadkinville, North Carolina
Loan Details
- Loan Number
- 1306437100
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $435,000
- Current Approval
- $435,000
- Forgiveness Amount
- $439,870
- Forgiveness Date
- Jun 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Briggs-Shaffner Acquisition Company
- Address
- 1448 US Hwy 601 South
- City
- Yadkinville
- State
- North Carolina
- ZIP Code
- 27055-6358
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333249)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 39
- Estimated Revenue
- $10.2M
- Rural/Urban
- Rural
- Congressional District
- NC-05
Loan Use Breakdown
- Payroll
- $330,000
- Rent
- $34,000
- Utilities
- $7,000
- Health Care
- $50,000
- Debt Interest
- $14,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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