PPP Loan information for Fabra-tech inc

$50,752

Fabra-tech inc was initially approved for PPP Loan of amount $50,752, the current approved amount is $50,752. The loan was approved on 02/09/2021 by The Dacotah Bank reported 14 jobs and $50,752 was used to fund payroll.

Fabra-tech inc is Existing or more than 2 years old

FABRA-TECH INC

Date Approved

02/09/2021

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FABRA-TECH INC

Borrower Address

304 1st Ave E

Borrower City

Mobridge

Borrower State

SD

Borrower Zip

57601-2606

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50752.00

Current Approval Amount

50752.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mobridge

Project County Name

WALWORTH

Project State

SD

Project Zip

57601-2606

CD

SD-

Jobs Reported

14

NAICS Code

812320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50749.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

51183.39

Forgiveness Date

12/14/2021

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