Fabtech, INC

$297,420 PPP Loan in Goodhue, Minnesota

Loan Details

Loan Number
8750727004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$297,420
Current Approval
$297,420
Forgiveness Amount
$299,717
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fabtech, INC
Address
37089 County 6 Blvd
ZIP Code
55027-8223
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332313)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$7.3M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$71,381
Utilities
$226,039

Lender Information

Servicing Lender
First Farmers & Merchants Bank
Originating Lender
First Farmers & Merchants Bank

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