PPP Loan information for Faircloth machine shop, inc.

$278,330

Faircloth machine shop, inc. was initially approved for PPP Loan of amount $278,330, the current approved amount is $278,330. The loan was approved on 04/15/2020 by The Pinnacle Bank reported 25 jobs and $278,330 was used to fund payroll.

Faircloth machine shop, inc. is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Faircloth machine shop, inc.

FAIRCLOTH MACHINE SHOP, INC.

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FAIRCLOTH MACHINE SHOP, INC.

Borrower Address

179 WAUGHTOWN ST

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27127

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278330.00

Current Approval Amount

278330.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27127-1000

CD

NC-05

Jobs Reported

25

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

278330.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

273476.58

Forgiveness Date

11/10/2020

;