PPP Loan information for Fabtech precision manufacturing

$268,800

Fabtech precision manufacturing was initially approved for PPP Loan of amount $268,800, the current approved amount is $268,800. The loan was approved on 05/01/2021 by The Washington Trust Bank reported 25 jobs and $268,800 was used to fund payroll.

Fabtech precision manufacturing is Existing or more than 2 years old

FABTECH PRECISION MANUFACTURING

Date Approved

05/01/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

FABTECH PRECISION MANUFACTURING

Borrower Address

16124 E Euclid Ave

Borrower City

Spokane Valley

Borrower State

WA

Borrower Zip

99216-1853

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

268800.00

Current Approval Amount

268800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spokane Valley

Project County Name

SPOKANE

Project State

WA

Project Zip

99216-1853

CD

WA-05

Jobs Reported

25

NAICS Code

332322

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

268797.00

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

Corporation

Originating Lender Location Id

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271598.47

Forgiveness Date

05/23/2022

;