National Spinning Co., Inc.

$2,013,500 PPP Loan in Washington, North Carolina

Loan Details

Loan Number
9534307007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$2,013,500
Current Approval
$2,013,500
Forgiveness Amount
$2,032,852
Forgiveness Date
Apr 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
National Spinning Co., Inc.
Address
1481 West 2nd St
ZIP Code
27889-4157
Business Type
Corporation
Industry (NAICS)
Manufacturing (313110)
Business Age
Existing or more than 2 years old
Jobs Reported
279
Estimated Revenue
$98.5M
Rural/Urban
Rural
Congressional District
NC-03

Loan Use Breakdown

Payroll
$2,013,500

Lender Information

Servicing Lender
Southern Bank and Trust Company
Originating Lender
Southern Bank and Trust Company

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