# PPP loan: REGENCY FIBERS, LLC
> **$446K** approved 04/14/2020 · Paid in Full · Loan `6245957101`
## Borrower
- **Name:** REGENCY FIBERS, LLC
- **Address:** 2788 OXFORD ST, CLAREMONT, NC, 28610-9741
- **NAICS:** 337121
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $446K
- **Initial approval:** $446K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $446K
- **Jobs reported:** 43
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*