PPP Loan information for Industrial fabricators, inc.

$4,635,125

Industrial fabricators, inc. was initially approved for PPP Loan of amount $4,635,125, the current approved amount is $4,635,125. The loan was approved on 05/06/2020 by The Alliance Bank & Trust Company reported 500 jobs and $4,635,125 was used to fund payroll.

Industrial fabricators, inc. is Existing or more than 2 years old

INDUSTRIAL FABRICATORS, INC.

Date Approved

05/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

INDUSTRIAL FABRICATORS, INC.

Borrower Address

0 PO Box 12885

Borrower City

Gastonia

Borrower State

NC

Borrower Zip

28052-0043

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4635125.00

Current Approval Amount

4635125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

388147

Servicing Lender Name

Alliance Bank & Trust Company

Servicing Lender Address

292 W Main Ave

Servicing Lender City

GASTONIA

Servicing Lender State

NC

Servicing Lender Zip

28052-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gastonia

Project County Name

GASTON

Project State

NC

Project Zip

28052-0043

CD

NC-14

Jobs Reported

500

NAICS Code

336370

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

4635125.00

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

Corporation

Originating Lender Location Id

388147

Originating Lender

Alliance Bank & Trust Company

Originating Lender City

GASTONIA

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4697055.42

Forgiveness Date

09/02/2021

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