# PPP loan: FRONTIER YARNS, INC.
> **$9.10M** approved 04/09/2020 · Paid in Full · Loan `8939987005`
## Borrower
- **Name:** FRONTIER YARNS, INC.
- **Address:** 1823 Boone Trail Road, SANFORD, NC, 27330-8662
- **NAICS:** 313310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $9.10M
- **Initial approval:** $10.00M
- **Forgiven:** $9.20M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $9.10M
- **Jobs reported:** 500
## 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*