PPP Loan information for Fairmont insurance brokers, ltd

$995,095

Fairmont insurance brokers, ltd was initially approved for PPP Loan of amount $995,095, the current approved amount is $995,095. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 75 jobs and $995,095 was used to fund payroll.

Fairmont insurance brokers, ltd is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Fairmont insurance brokers, ltd

FAIRMONT INSURANCE BROKERS, LTD

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

FAIRMONT INSURANCE BROKERS, LTD

Borrower Address

1600 60th Street 0.0

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11204-2138

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

995095.00

Current Approval Amount

995095.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11204-2138

CD

NY-09

Jobs Reported

75

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7500.00

Payroll Proceed

802595.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

160000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1006661.87

Forgiveness Date

07/06/2021

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