PPP Loan information for Fletcher machine industries inc

$589,006

Fletcher machine industries inc was initially approved for PPP Loan of amount $589,006, the current approved amount is $589,006. The loan was approved on 02/17/2021 by The The Fidelity Bank reported 58 jobs and $589,006 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

02/17/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FLETCHER MACHINE INDUSTRIES INC

Borrower Address

4305 E US Highway 64

Borrower City

Lexington

Borrower State

NC

Borrower Zip

27292-8041

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

589006.00

Current Approval Amount

589006.00

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

27292-8041

CD

NC-08

Jobs Reported

58

NAICS Code

333243

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

589001.00

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

591018.44

Forgiveness Date

06/23/2021

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