# PPP loan: FABTECH INDUSTRIAL SERVICES INC.
> **$200K** approved 02/08/2021 · Paid in Full · Loan `5539718401`
## Borrower
- **Name:** FABTECH INDUSTRIAL SERVICES INC.
- **Address:** 10 Palm Ln N/A, Ponte Vedra Beach, FL, 32082-4304
- **NAICS:** 812990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** SouthState Bank, National Association
- **Servicing:** SouthState Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*