Megawood Inc.

$272,800 PPP Loan in Mount Gilead, North Carolina

Loan Details

Loan Number
1306438510
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$272,800
Current Approval
$272,800
Forgiveness Amount
$274,929
Forgiveness Date
Dec 1, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Megawood Inc.
Address
670 W Allenton St
ZIP Code
27306
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321912)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$30.7M
Rural/Urban
Rural
Congressional District
NC-08

Loan Use Breakdown

Payroll
$272,795
Utilities
$1

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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