# PPP loan: BLACK MOUNTAIN MACHINE AND FABRICATION INC.
> **$298K** approved 01/29/2021 · Paid in Full · Loan `8331728300`
## Borrower
- **Name:** BLACK MOUNTAIN MACHINE AND FABRICATION INC.
- **Address:** 1104 Montreat Rd, Black Mountain, NC, 28711-3232
- **NAICS:** 333517
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $298K
- **Initial approval:** $298K
- **Forgiven:** $301K (101%)
- **Forgiveness date:** 03/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $298K
- **Jobs reported:** 28
## 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*