PPP Loan information for Custom machine & tooling inc

$38,900

Custom machine & tooling inc was initially approved for PPP Loan of amount $38,900, the current approved amount is $38,900. The loan was approved on 04/09/2020 by The The Fidelity Bank reported 7 jobs and $38,900 was used to fund payroll.

Custom machine & tooling inc is Existing or more than 2 years old

CUSTOM MACHINE & TOOLING INC

Date Approved

04/09/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CUSTOM MACHINE & TOOLING INC

Borrower Address

26 MOCKINGBIRD LN

Borrower City

SPRING LAKE

Borrower State

NC

Borrower Zip

28390-8715

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38900.00

Current Approval Amount

38900.00

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING LAKE

Project County Name

HARNETT

Project State

NC

Project Zip

28390-8715

CD

NC-09

Jobs Reported

7

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38900.00

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

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

39121.51

Forgiveness Date

11/05/2020

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