PPP Loan information for American fiber & finishing inc.

$543,700

American fiber & finishing inc. was initially approved for PPP Loan of amount $543,700, the current approved amount is $543,700. The loan was approved on 05/05/2021 by The Newtek Small Business Finance, Inc. reported 45 jobs and $543,700 was used to fund payroll.

American fiber & finishing inc. is Existing or more than 2 years old

AMERICAN FIBER & FINISHING INC.

Date Approved

05/05/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AMERICAN FIBER & FINISHING INC.

Borrower Address

225 N Depot St

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-3914

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

543700.00

Current Approval Amount

543700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-3914

CD

NC-08

Jobs Reported

45

NAICS Code

313310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

543698.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

547022.61

Forgiveness Date

01/10/2022

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