PPP Loan information for Fabmetals inc.

$402,437

Fabmetals inc. was initially approved for PPP Loan of amount $402,437, the current approved amount is $402,437. The loan was approved on 02/09/2021 by The WesBanco Bank, Inc. reported 27 jobs and $402,437 was used to fund payroll.

Fabmetals inc. is Existing or more than 2 years old

FABMETALS INC.

Date Approved

02/09/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

FABMETALS INC.

Borrower Address

250 Brubaker Dr

Borrower City

New Carlisle

Borrower State

OH

Borrower Zip

45344-1414

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

402437.00

Current Approval Amount

402437.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Carlisle

Project County Name

CLARK

Project State

OH

Project Zip

45344-1414

CD

OH-15

Jobs Reported

27

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

402431.00

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

406428.29

Forgiveness Date

02/09/2022

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