PPP Loan information for Fibertec inc

$840,078

Fibertec inc was initially approved for PPP Loan of amount $840,078, the current approved amount is $840,078. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 71 jobs and $840,078 was used to fund payroll.

Fibertec inc is New Business or 2 years or less

FIBERTEC INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FIBERTEC INC

Borrower Address

1914 HOLLOWAY DR

Borrower City

HOLT

Borrower State

MI

Borrower Zip

48842-9437

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

840078.00

Current Approval Amount

840078.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

HOLT

Project County Name

INGHAM

Project State

MI

Project Zip

48842-9437

CD

MI-07

Jobs Reported

71

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

840078.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

845509.74

Forgiveness Date

12/16/2020

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