PPP Loan information for Fabrite inc.

$143,400

Fabrite inc. was initially approved for PPP Loan of amount $143,400, the current approved amount is $143,400. The loan was approved on 02/27/2021 by The The Queenstown Bank of Maryland reported 15 jobs and $143,400 was used to fund payroll.

Fabrite inc. is Existing or more than 2 years old

FABRITE INC.

Date Approved

02/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

FABRITE INC.

Borrower Address

6117 Eldorado Federalsburg Rd

Borrower City

Rhodesdale

Borrower State

MD

Borrower Zip

21659-1179

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

143400.00

Current Approval Amount

143400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30851

Servicing Lender Name

The Queenstown Bank of Maryland

Servicing Lender Address

7101 Main St

Servicing Lender City

QUEENSTOWN

Servicing Lender State

MD

Servicing Lender Zip

21658-1223

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rhodesdale

Project County Name

DORCHESTER

Project State

MD

Project Zip

21659-1179

CD

MD-01

Jobs Reported

15

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

143400.00

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

30851

Originating Lender

The Queenstown Bank of Maryland

Originating Lender City

QUEENSTOWN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

144382.19

Forgiveness Date

11/10/2021

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