PPP Loan information for Machine & fabrication specialists, inc.

$288,900

Machine & fabrication specialists, inc. was initially approved for PPP Loan of amount $288,900, the current approved amount is $288,900. The loan was approved on 06/01/2020 by The The Old Point National Bank of Phoebus reported 32 jobs and $288,900 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

06/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MACHINE & FABRICATION SPECIALISTS, INC.

Borrower Address

810 KIWANIS ST

Borrower City

HAMPTON

Borrower State

VA

Borrower Zip

23661-1737

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288900.00

Current Approval Amount

288900.00

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

32

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

288900.00

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

290761.80

Forgiveness Date

01/20/2021

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