WORLD ELASTIC CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to WORLD ELASTIC CORPORATION by Truist Bank d/b/a Branch Banking & Trust Co. The loan was approved on 4/11/2020 in the range of $350,000-1 million.

Business Information

Name:

WORLD ELASTIC CORPORATION

340 INDUSTRIAL COURT
CONCORD, NC 28025
Business type: Corporation
Textile Mills
→ Fiber, Yarn, and Thread Mills
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 11, 2020
Lender Truist Bank d/b/a Branch Banking & Trust Co

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.