ALLEN MACHINE & FABRICATION LLC (NC) - 2020 PPP Loan Borrower Profile (# 4431278306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLEN MACHINE & FABRICATION LLC. 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

4431278306

SBA Office Code

0460

Processing Method

PPS

Curent Loan Amount

$131,900

Date Loan was Approved

Jan 23, 2021

Amount Forgiven

$132,629.11

Date Loan was Forgiven

Aug 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

131,898

Lender

First Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

333249

Borrower Location

Asheboro, NC

Project Location

Asheboro, NC

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.