# PPP loan: SPECIAL FAB & MACHINE INC
> **$522K** approved 04/29/2020 · Paid in Full · Loan `2393027304`
## Borrower
- **Name:** SPECIAL FAB & MACHINE INC
- **Address:** 4133 OLD SALISBURY RD, LEXINGTON, NC, 27295-6870
- **NAICS:** 238390
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $522K
- **Initial approval:** $522K
- **Forgiven:** $526K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $522K
- **Jobs reported:** 50
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*