PPP Loan information for Fabco machine corporation

$282,600

Fabco machine corporation was initially approved for PPP Loan of amount $282,600, the current approved amount is $282,600. The loan was approved on 04/08/2020 by The First National Bank reported 24 jobs and $282,600 was used to fund payroll.

Fabco machine corporation is Existing or more than 2 years old

FABCO MACHINE CORPORATION

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

FABCO MACHINE CORPORATION

Borrower Address

1200 Greene 628 Rd

Borrower City

Paragould

Borrower State

AR

Borrower Zip

72450

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282600.00

Current Approval Amount

282600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4641

Servicing Lender Name

First National Bank

Servicing Lender Address

200 W Court St

Servicing Lender City

Paragould

Servicing Lender State

AR

Servicing Lender Zip

72450

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paragould

Project County Name

GREENE

Project State

AR

Project Zip

72450-0800

CD

AR-01

Jobs Reported

24

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14130.00

Payroll Proceed

211950.00

Mortgage Interest Proceed

0.00

Rent Proceed

56520.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4641

Originating Lender

First National Bank

Originating Lender City

Paragould

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

274265.47

Forgiveness Date

11/27/2020

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