PPP Loan information for Fairchild motors inc

$54,338

Fairchild motors inc was initially approved for PPP Loan of amount $54,338, the current approved amount is $54,338. The loan was approved on 04/09/2020 by The The First Bank reported 6 jobs and $54,338 was used to fund payroll.

Fairchild motors inc is Existing or more than 2 years old

PPP Loan Search / MS / HATTIESBURG / Fairchild motors inc

FAIRCHILD MOTORS INC

Date Approved

04/09/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

FAIRCHILD MOTORS INC

Borrower Address

5061 OLD HIGHWAY 42

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39401-2874

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54338.17

Current Approval Amount

54338.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

FORREST

Project State

MS

Project Zip

39401-2874

CD

MS-04

Jobs Reported

6

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

41825.17

Mortgage Interest Proceed

0.00

Rent Proceed

12513.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

54905.70

Forgiveness Date

04/29/2021

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