PPP Loan information for Fairlawn tool inc.

$509,200

Fairlawn tool inc. was initially approved for PPP Loan of amount $509,200, the current approved amount is $509,200. The loan was approved on 04/07/2020 by The First National Bank of Pennsylvania reported 51 jobs and $509,200 was used to fund payroll.

Fairlawn tool inc. is Existing or more than 2 years old

FAIRLAWN TOOL INC.

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FAIRLAWN TOOL INC.

Borrower Address

1005 PATRIOT PKWY

Borrower City

READING

Borrower State

PA

Borrower Zip

19605-2874

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

509200.00

Current Approval Amount

509200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19605-2874

CD

PA-04

Jobs Reported

51

NAICS Code

333318

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

509200.00

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

Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

512750.26

Forgiveness Date

12/30/2020

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