PPP Loan information for Mac/fab company, inc.

$245,600

Mac/fab company, inc. was initially approved for PPP Loan of amount $245,600, the current approved amount is $245,600. The loan was approved on 04/14/2020 by The Peoples Bank reported 23 jobs and $245,600 was used to fund payroll.

Mac/fab company, inc. is Existing or more than 2 years old

MAC/FAB COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MAC/FAB COMPANY, INC.

Borrower Address

913 West Catawba Ave

Borrower City

MOUNT HOLLY

Borrower State

NC

Borrower Zip

28120

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245600.00

Current Approval Amount

245600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT HOLLY

Project County Name

GASTON

Project State

NC

Project Zip

28120-0001

CD

NC-14

Jobs Reported

23

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245600.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247135.00

Forgiveness Date

12/09/2020

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