Frontier Yarns, Inc.
$10,000,000 PPP Loan in Sanford, North Carolina
Loan Details
- Loan Number
- 8939987005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $9,099,187
- Forgiveness Amount
- $9,203,575
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Frontier Yarns, Inc.
- Address
- 1823 Boone Trail Road
- City
- Sanford
- State
- North Carolina
- ZIP Code
- 27330-8662
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (313310)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 500
- Estimated Revenue
- $176.5M
- Rural/Urban
- Rural
- Congressional District
- NC-09
Loan Use Breakdown
- Payroll
- $9,099,187
Lender Information
- Servicing Lender
- Truist Bank
- Originating Lender
- Truist Bank
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