PPP Loan information for Fairey motor company

$309,500

Fairey motor company was initially approved for PPP Loan of amount $309,500, the current approved amount is $309,500. The loan was approved on 04/10/2020 by The Truist Bank reported 26 jobs and $309,500 was used to fund payroll.

Fairey motor company is Existing or more than 2 years old

FAIREY MOTOR COMPANY

Date Approved

04/10/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

FAIREY MOTOR COMPANY

Borrower Address

2885 SAINT MATTHEWS RD

Borrower City

ORANGEBURG

Borrower State

SC

Borrower Zip

29118-1439

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

309500.00

Current Approval Amount

309500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ORANGEBURG

Project County Name

ORANGEBURG

Project State

SC

Project Zip

29118-1439

CD

SC-06

Jobs Reported

26

NAICS Code

423140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

309500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

311915.82

Forgiveness Date

01/28/2021

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