As part of the Paycheck Protection Program NATIONAL SPINNING CO., INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

NATIONAL SPINNING CO., INC


Loan Amount	$2,013,500
BusinessName	NATIONAL SPINNING CO., INC
Address	1481 WEST 2ND ST
City	WASHINGTON
State	NC
Zip	27889
NAICSCode	313110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	279
DateApproved	04/09/2020
Lender	Southern Bank and Trust Company
CD	NC-03
BusinessName.clean	NATIONAL SPINNING CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NATIONAL SPORTS CENTER FOUNDATION
NATIONAL STARSERVICES
NATIONAL STEEL RULE COMPANY
NATIONAL STUDENT SERVICES
NATIONAL SUGAR MARKETING