Asheboro Elastics Corp
$639,152 PPP Loan in Asheboro, North Carolina
Loan Details
- Loan Number
- 1794027104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $639,152
- Current Approval
- $639,152
- Forgiveness Amount
- $643,928
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Asheboro Elastics Corp
- Address
- 150 N Park St
- City
- Asheboro
- State
- North Carolina
- ZIP Code
- 27203-5455
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 404
- Estimated Revenue
- $112.8M
- Rural/Urban
- Rural
- Congressional District
- NC-09
Loan Use Breakdown
- Payroll
- $492,000
- Rent
- $12,000
- Utilities
- $15,152
- Health Care
- $120,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Asheboro, NC
| Business | Approved | |
|---|---|---|
| Pugh Lubricants LLC | $4,101,600 |  AI Deep Dive |
| Carolina Precision Plastics LLC | $2,811,375 | AI Deep Dive |
| J. P. Thomas & Co., Incorporated | $1,956,834 | AI Deep Dive |
| Mas US Holdings INC | $1,950,000 | AI Deep Dive |
| Wolfe Financial, Inc. | $1,598,300 | AI Deep Dive |
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