Bestway South, Inc.

$160,945 PPP Loan in Stony Point, North Carolina

Loan Details

Loan Number
7739407105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$160,945
Current Approval
$160,945
Forgiveness Amount
$162,091
Forgiveness Date
Jan 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Bestway South, Inc.
Address
165 Halyburton Road
ZIP Code
28678
Business Type
Corporation
Industry (NAICS)
Manufacturing (321114)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
$13.9M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$125,000
Utilities
$15,000
Health Care
$4,000
Mortgage Interest
$11,000
Debt Interest
$5,945

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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