PPP Loan information for Fab-tec corporation

$197,708

Fab-tec corporation was initially approved for PPP Loan of amount $197,708, the current approved amount is $197,708. The loan was approved on 02/22/2021 by The Logan Bank & Trust Company reported 17 jobs and $197,708 was used to fund payroll.

Fab-tec corporation is Existing or more than 2 years old

PPP Loan Search / WV / MAN / Fab-tec corporation

FAB-TEC CORPORATION

Date Approved

02/22/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

FAB-TEC CORPORATION

Borrower Address

142 RICH CREEK ROAD

Borrower City

MAN

Borrower State

WV

Borrower Zip

25635

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197708.00

Current Approval Amount

197708.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75178

Servicing Lender Name

Logan Bank & Trust Company

Servicing Lender Address

43 Washington Ave

Servicing Lender City

LOGAN

Servicing Lender State

WV

Servicing Lender Zip

25601-3900

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MAN

Project County Name

LOGAN

Project State

WV

Project Zip

25635

CD

WV-03

Jobs Reported

17

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197705.00

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

75178

Originating Lender

Logan Bank & Trust Company

Originating Lender City

LOGAN

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198872.28

Forgiveness Date

09/24/2021

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