Jordan owned factory Sportswear firm had unpaid bills

August 15, 1993|By Knight-Ridder News Service

ROCK HILL, S.C. -- Heads always turned along Springsteen Road when the sleek, red Lexus sports car slid past, bearing a famous father to the nondescript offices of JVL Enterprises Inc.

Few along this quiet Rock Hill road knew it was James Jordan, 57, who owned the small sportswear-manufacturing company in the windowless, cinder-block building.

Rock Hill-based FBI agents went to JVL on Friday morning but left without commenting.

Mr. Jordan's company, which made T-shirts, socks and shorts, had problems with unpaid bills for everything from temporary secretaries to industrial sewing equipment, according to records obtained by the Charlotte Observer. Among the financial problems:

* JVL's checking account was overdrawn by $1,082.26 as of July 19, according to bank statements. First Union bank paid for at least five bounced checks.

* Metrolina Apparel, a small company based in Monroe, N.C., alleges that JVL owes it about $7,000 for rental fees on 15 industrial sewing machines. Metrolina rented the machines to JVL in October 1992 but never received payment, said Grant Jones, Metrolina's general manager.

"I probably let [Mr. Jordan] slide more than I would anybody else," Mr. Jones said. "I figured there was money in the family. . . . But he has a pretty bad history of not paying his bills. Unfortunately, I only learned that after I rented him the machines."

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