PPP Loan information for Asheboro machine shop, inc.

$148,000

Asheboro machine shop, inc. was initially approved for PPP Loan of amount $148,000, the current approved amount is $148,000. The loan was approved on 04/10/2020 by The The Fidelity Bank reported 20 jobs and $148,000 was used to fund payroll.

Asheboro machine shop, inc. is Existing or more than 2 years old

ASHEBORO MACHINE SHOP, INC.

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ASHEBORO MACHINE SHOP, INC.

Borrower Address

3027 US HWY 220 Business S. \n

Borrower City

Asheboro

Borrower State

NC

Borrower Zip

27205

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148000.00

Current Approval Amount

148000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheboro

Project County Name

RANDOLPH

Project State

NC

Project Zip

27205-0100

CD

NC-09

Jobs Reported

20

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

149804.78

Forgiveness Date

06/24/2021

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