Elk Products INC

$286,825 PPP Loan in Connelly Springs, North Carolina

Loan Details

Loan Number
2286327109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$286,825
Current Approval
$286,825
Forgiveness Amount
$289,869
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elk Products INC
Address
3266 US Highway 70
ZIP Code
28612-7695
Business Type
Corporation
Industry (NAICS)
Manufacturing (335999)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$227,825
Rent
$10,000
Utilities
$20,000
Health Care
$20,000
Mortgage Interest
$5,000
Debt Interest
$4,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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