# PPP loan: BEVERLY KNITS INC
> **$2.55M** approved 04/13/2020 · Paid in Full · Loan `4868377101`
## Borrower
- **Name:** BEVERLY KNITS INC
- **Address:** 1675 GARFIELD DR, GASTONIA, NC, 28054-0038
- **NAICS:** 313240
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.55M
- **Initial approval:** $2.55M
- **Forgiven:** $2.58M (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.55M
- **Jobs reported:** 250
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*