PPP Loan information for Machine & fabrication specialists inc

$304,785

Machine & fabrication specialists inc was initially approved for PPP Loan of amount $304,785, the current approved amount is $304,785. The loan was approved on 02/10/2021 by The The Old Point National Bank of Phoebus reported 26 jobs and $304,785 was used to fund payroll.

Machine & fabrication specialists inc is Existing or more than 2 years old

PPP Loan Search / VA / Hampton / Machine & fabrication specialists inc

MACHINE & FABRICATION SPECIALISTS INC

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MACHINE & FABRICATION SPECIALISTS INC

Borrower Address

810 Kiwanis St

Borrower City

Hampton

Borrower State

VA

Borrower Zip

23661-1737

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

304785.00

Current Approval Amount

304785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73444

Servicing Lender Name

The Old Point National Bank of Phoebus

Servicing Lender Address

1 W Mellen St

Servicing Lender City

HAMPTON

Servicing Lender State

VA

Servicing Lender Zip

23663-2305

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hampton

Project County Name

HAMPTON CITY

Project State

VA

Project Zip

23661-1737

CD

VA-03

Jobs Reported

26

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

304785.00

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

73444

Originating Lender

The Old Point National Bank of Phoebus

Originating Lender City

HAMPTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306334.32

Forgiveness Date

08/27/2021

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