Wells Hosiery Mills INC

$659,261 PPP Loan in Asheboro, North Carolina

Loan Details

Loan Number
3028028710
Date Approved
Mar 30, 2021
Loan Status
Paid in Full
Initial Approval
$659,261
Current Approval
$659,261
Forgiveness Amount
$662,392
Forgiveness Date
Sep 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Wells Hosiery Mills INC
Address
1947 N Fayetteville St Unit K
ZIP Code
27203-3269
Business Type
Corporation
Industry (NAICS)
Manufacturing (314999)
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
$36.4M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$659,258
Utilities
$1

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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