Mcdowell Lumber Company INC

$540,875 PPP Loan in Asheboro, North Carolina

Loan Details

Loan Number
6887368404
Date Approved
Feb 11, 2021
Loan Status
Paid in Full
Initial Approval
$540,875
Current Approval
$540,875
Forgiveness Amount
$544,631
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mcdowell Lumber Company INC
Address
2473 Falling Oak Rd
ZIP Code
27205-2055
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (321113)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$71.4M
Rural/Urban
Rural
Congressional District
NC-09

Loan Use Breakdown

Payroll
$540,869
Utilities
$1

Lender Information

Servicing Lender
The Fidelity Bank
Originating Lender
The Fidelity Bank

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