# PPP loan: WELLS HOSIERY MILLS INC
> **$659K** approved 03/30/2021 · Paid in Full · Loan `3028028710`
## Borrower
- **Name:** WELLS HOSIERY MILLS INC
- **Address:** 1947 N Fayetteville St Unit K, Asheboro, NC, 27203-3269
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $659K
- **Initial approval:** $659K
- **Forgiven:** $662K (100%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $659K
- **Utilities:** $1
- **Jobs reported:** 103
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*