Sapona Plastics, LLC

$834,448 PPP Loan in Asheboro, North Carolina

Loan Details

Loan Number
9331637001
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$834,448
Current Approval
$834,448
Forgiveness Amount
$840,868
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sapona Plastics, LLC
Address
7039 US Highway 220
ZIP Code
27205-1581
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
113
Estimated Revenue
$112.1M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$698,548
Rent
$63,900
Utilities
$72,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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