Machine Products of Fayetteville, INC

$162,500 PPP Loan in Hope Mills, North Carolina

Loan Details

Loan Number
6944857105
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$162,500
Current Approval
$162,500
Forgiveness Amount
$163,960
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Machine Products of Fayetteville, INC
Address
3428 Black and Decker Road
ZIP Code
28348
Business Type
Sole Proprietorship
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-07

Loan Use Breakdown

Payroll
$162,500

Lender Information

Servicing Lender
Customers Bank
Originating Lender
Readycap Lending, LLC

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