PPP Loan information for Fabtronics, inc.

$137,495

Fabtronics, inc. was initially approved for PPP Loan of amount $137,495, the current approved amount is $137,495. The loan was approved on 04/07/2020 by The Farmers and Merchants Bank reported 18 jobs and $137,495 was used to fund payroll.

Fabtronics, inc. is Existing or more than 2 years old

FABTRONICS, INC.

Date Approved

04/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FABTRONICS, INC.

Borrower Address

JAMES P RODGERS DR

Borrower City

VALDOSTA

Borrower State

GA

Borrower Zip

31601-6517

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137495.00

Current Approval Amount

137495.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19521

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

4 N Carter St

Servicing Lender City

LAKELAND

Servicing Lender State

GA

Servicing Lender Zip

31635-5678

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VALDOSTA

Project County Name

LOWNDES

Project State

GA

Project Zip

31601-6517

CD

GA-08

Jobs Reported

18

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137495.00

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

Corporation

Originating Lender Location Id

19521

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAKELAND

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138453.65

Forgiveness Date

12/28/2020

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