As part of the Paycheck Protection Program WELLS HOSIERY MILLS 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.

WELLS HOSIERY MILLS INC


Loan Amount	$1,000,611
BusinessName	WELLS HOSIERY MILLS INC
Address	1758 South FAYETTEVILLE ST
City	ASHEBORO
State	NC
Zip	27205
NAICSCode	313230
BusinessType	Corporation
RaceEthnicity	White
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	168
DateApproved	04/14/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	NC-06
BusinessName.clean	WELLS HOSIERY MILLS

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

BEAUCOP CRAWFISH OF EUNICE
WELLS NURSING HOME
WELLS PHARMACY NETWORK
WELLS PLUMBING AND HEATING SUPPLIES
WELLS RURAL ELECTRIC COMPANY