Forma-Fab Metals, Inc.

$621,200 PPP Loan in Mebane, North Carolina

Loan Details

Loan Number
9802157007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$621,200
Current Approval
$621,200
Forgiveness Amount
$633,952
Forgiveness Date
May 3, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Forma-Fab Metals, Inc.
Address
5816 US Highway 70
City
Mebane
ZIP Code
27302
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$621,200

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
Iberiabank, a Division of First Horizon Bank

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