PPP Loan information for Black mountain machine and fabrication inc.

$334,300

Black mountain machine and fabrication inc. was initially approved for PPP Loan of amount $334,300, the current approved amount is $334,300. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 35 jobs and $334,300 was used to fund payroll.

Black mountain machine and fabrication inc. is New Business or 2 years or less

PPP Loan Search / NC / BLACK MOUNTAIN / Black mountain machine and fabrication inc.

BLACK MOUNTAIN MACHINE AND FABRICATION INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BLACK MOUNTAIN MACHINE AND FABRICATION INC.

Borrower Address

1104 MONTREAT RD

Borrower City

BLACK MOUNTAIN

Borrower State

NC

Borrower Zip

28711-3232

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334300.00

Current Approval Amount

334300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BLACK MOUNTAIN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-3232

CD

NC-11

Jobs Reported

35

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

334300.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

336259.37

Forgiveness Date

12/02/2020

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