# PPP loan: SUMINOE TEXTILES OF AMERICA CORPORATION
> **$3.71M** approved 04/27/2020 · Paid in Full · Loan `6019797201`
## Borrower
- **Name:** SUMINOE TEXTILES OF AMERICA CORPORATION
- **Address:** 10 COMMERCE DR, GAFFNEY, SC, 29340-4506
- **NAICS:** 314999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.71M
- **Initial approval:** $3.71M
- **Forgiven:** $3.76M (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.71M
- **Jobs reported:** 309
## Lender
- **Originating:** Arthur State Bank
- **Servicing:** Arthur State Bank (SC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*