Machine Builders and Design INC

$751,512 PPP Loan in Shelby, North Carolina

Loan Details

Loan Number
8127197303
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$751,512
Current Approval
$751,512
Forgiveness Amount
$756,927
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Machine Builders and Design INC
Address
806 N Post Rd
City
Shelby
ZIP Code
28150-4247
Business Type
Corporation
Industry (NAICS)
Manufacturing (334118)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$10.7M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$751,512

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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