AMERICAN SPOOL & PACKAGING (SC) - 2020 PPP Loan Borrower Profile (# 5884337007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN SPOOL & PACKAGING. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in South Carolina.

Loan Detail

Loan Number

5884337007

SBA Office Code

0464

Processing Method

PPP

Curent Loan Amount

$379,100

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$383,306.45

Date Loan was Forgiven

May 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,000

Payroll Proced

302,900

Rent Proceed

39,200

Health Care Proceed

17,000

Lender

Carolina Bank & Trust Co.

Business Detail

Business Type

Corporation

NAICS

322212

Borrower Location

HARTSVILLE, SC

Project Location

HARTSVILLE, SC

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.