PPP Loan information for Machine products of fayetteville, inc

$162,500

Machine products of fayetteville, inc was initially approved for PPP Loan of amount $162,500, the current approved amount is $162,500. The loan was approved on 04/14/2020 by The Customers Bank reported 17 jobs and $162,500 was used to fund payroll.

Machine products of fayetteville, inc is Existing or more than 2 years old

PPP Loan Search / NC / Hope Mills / Machine products of fayetteville, inc

MACHINE PRODUCTS OF FAYETTEVILLE, INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MACHINE PRODUCTS OF FAYETTEVILLE, INC

Borrower Address

3428 Black and Decker Road

Borrower City

Hope Mills

Borrower State

NC

Borrower Zip

28348

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162500.00

Current Approval Amount

162500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hope Mills

Project County Name

CUMBERLAND

Project State

NC

Project Zip

28348-0001

CD

NC-07

Jobs Reported

17

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

162500.00

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

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163960.27

Forgiveness Date

03/31/2021

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