# PPP loan: DALCO NONWOVENS, LLC
> **$960K** approved 04/10/2020 · Paid in Full · Loan `1486657103`
## Borrower
- **Name:** DALCO NONWOVENS, LLC
- **Address:** PO Box 1479, CONOVER, NC, 28613
- **NAICS:** 313230
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $960K
- **Initial approval:** $960K
- **Forgiven:** $966K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $960K
- **Jobs reported:** 82
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*