Basic Machinery Company INC
$491,412 PPP Loan in Siler City, North Carolina
Loan Details
- Loan Number
- 5221208804
- Date Approved
- Apr 17, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $491,412
- Current Approval
- $491,412
- Forgiveness Amount
- $494,224
- Forgiveness Date
- Nov 16, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Basic Machinery Company INC
- Address
- 1220 Harold Andrews Rd
- City
- Siler City
- State
- North Carolina
- ZIP Code
- 27344-9170
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 52
- Estimated Revenue
- $13.6M
- Rural/Urban
- Rural
- Congressional District
- NC-09
Loan Use Breakdown
- Payroll
- $491,410
- Utilities
- $1
Lender Information
- Servicing Lender
- The Fidelity Bank
- Originating Lender
- The Fidelity Bank
Other PPP Loans in Siler City, NC
| Business | Approved | |
|---|---|---|
| Brookwood Farms INC | $1,300,900 |  AI Deep Dive |
| Lazar Industries LLC | $666,117 | AI Deep Dive |
| Lazar Industries LLC | $634,200 | AI Deep Dive |
| Basic Machinery Company Inc. | $528,600 | AI Deep Dive |
| B&b Contracting 1 LLC | $423,424 | AI Deep Dive |
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