PPP Loan information for Fletcher machine industries inc

$561,600

Fletcher machine industries inc was initially approved for PPP Loan of amount $561,600, the current approved amount is $561,600. The loan was approved on 04/10/2020 by The The Fidelity Bank reported 60 jobs and $561,600 was used to fund payroll.

Fletcher machine industries inc is Existing or more than 2 years old

PPP Loan Search / NC / LEXINGTON / Fletcher machine industries inc

FLETCHER MACHINE INDUSTRIES INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FLETCHER MACHINE INDUSTRIES INC

Borrower Address

4305 East US Hwy 64

Borrower City

LEXINGTON

Borrower State

NC

Borrower Zip

27292

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561600.00

Current Approval Amount

561600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

DAVIDSON

Project State

NC

Project Zip

27292-0008

CD

NC-08

Jobs Reported

60

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

561600.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

564766.80

Forgiveness Date

11/03/2020

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