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
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
Servicing Lender Zip
28146
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CABARRUS
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
456092.74
Forgiveness Date
05/12/2022