PPP Loan information for Micro fab inc

$195,000

Micro fab inc was initially approved for PPP Loan of amount $289,700, the current approved amount is $195,000. The loan was approved on 04/09/2020 by The Truist Bank reported 23 jobs and $195,000 was used to fund payroll.

Micro fab inc is Existing or more than 2 years old

MICRO FAB INC

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MICRO FAB INC

Borrower Address

7081 SWEDETOWN RD

Borrower City

THEODORE

Borrower State

AL

Borrower Zip

36582-6281

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

289700.00

Current Approval Amount

195000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

THEODORE

Project County Name

MOBILE

Project State

AL

Project Zip

36582-6281

CD

AL-01

Jobs Reported

23

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

195000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

196825.42

Forgiveness Date

03/31/2021

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