PPP Loan information for General machining, inc.

$42,767

General machining, inc. was initially approved for PPP Loan of amount $42,767, the current approved amount is $42,767. The loan was approved on 04/28/2020 by The First Carolina Bank reported 2 jobs and $42,767 was used to fund payroll.

General machining, inc. is Existing or more than 2 years old

GENERAL MACHINING, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

GENERAL MACHINING, INC.

Borrower Address

2732 Ashley Loop Road

Borrower City

REIDSVILLE

Borrower State

NC

Borrower Zip

27320-7353

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42767.00

Current Approval Amount

42767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203771

Servicing Lender Name

First Carolina Bank

Servicing Lender Address

171 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2236

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REIDSVILLE

Project County Name

ROCKINGHAM

Project State

NC

Project Zip

27320-7353

CD

NC-06

Jobs Reported

2

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42767.00

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

Sole Proprietorship

Originating Lender Location Id

203771

Originating Lender

First Carolina Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43002.22

Forgiveness Date

11/23/2020

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