101 MACHINE, INCORPORATED (NC) - 2020 PPP Loan Borrower Profile (# 3055907408)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 101 MACHINE, INCORPORATED. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in North Carolina.

Loan Detail

Loan Number

3055907408

SBA Office Code

0460

Processing Method

PPP

Curent Loan Amount

$30,000

Date Loan was Approved

May 6, 2020

Amount Forgiven

$30,390

Date Loan was Forgiven

Sep 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

30,000

Lender

First Horizon Bank

Business Detail

Business Type

Corporation

NAICS

332710

Borrower Location

CARY, NC

Project Location

CARY, NC

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.