Sapona Manufacturing Company Incorporated

$1,653,865 PPP Loan in Franklinville, North Carolina

Loan Details

Loan Number
1310097108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,653,865
Current Approval
$1,653,865
Forgiveness Amount
$1,664,661
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Sapona Manufacturing Company Incorporated
Address
2478 Cedar Falls Rd
ZIP Code
27248-8060
Business Type
Corporation
Industry (NAICS)
Manufacturing (313110)
Business Age
Existing or more than 2 years old
Jobs Reported
211
Estimated Revenue
$74.5M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$1,153,865
Utilities
$350,000
Health Care
$150,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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