PPP Loan information for Foil's incorporated

$450,994

Foil's incorporated was initially approved for PPP Loan of amount $450,994, the current approved amount is $450,994. The loan was approved on 03/12/2021 by The Farmers & Merchants Bank reported 47 jobs and $450,994 was used to fund payroll.

Foil's incorporated is Existing or more than 2 years old

FOIL'S INCORPORATED

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FOIL'S INCORPORATED

Borrower Address

2283 NC Highway 49 S 2283 Nc Hwy 49

Borrower City

Harrisburg

Borrower State

NC

Borrower Zip

28075-7549

Loan Status Date

04/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

450994.00

Current Approval Amount

450994.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Harrisburg

Project County Name

CABARRUS

Project State

NC

Project Zip

28075-7549

CD

NC-12

Jobs Reported

47

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

450992.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

456092.74

Forgiveness Date

05/12/2022

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