# PPP loan: COMMONWEALTH HOSIERY MILLS INC.
> **$258K** approved 02/09/2021 · Paid in Full · Loan `5982608408`
## Borrower
- **Name:** COMMONWEALTH HOSIERY MILLS INC.
- **Address:** 4964 Island Ford Rd, Randleman, NC, 27317-7209
- **NAICS:** 315110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $258K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*