Wright Machine & Tool Co. Inc.

$236,683 PPP Loan in Swannanoa, North Carolina

Loan Details

Loan Number
9139858505
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$236,683
Current Approval
$236,683
Forgiveness Amount
$239,734
Forgiveness Date
Jul 5, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Wright Machine & Tool Co. Inc.
Address
101 Jims Branch Rd
ZIP Code
28778-3604
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.1M
Rural/Urban
Urban
Congressional District
NC-11

Loan Use Breakdown

Payroll
$236,680
Utilities
$1

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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