PPP Loan information for Fairmont steel products inc

$100,000

Fairmont steel products inc was initially approved for PPP Loan of amount $100,000, the current approved amount is $100,000. The loan was approved on 04/28/2020 by The Bank Midwest reported 17 jobs and $100,000 was used to fund payroll.

Fairmont steel products inc is Existing or more than 2 years old

PPP Loan Search / MN / FAIRMONT / Fairmont steel products inc

FAIRMONT STEEL PRODUCTS INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FAIRMONT STEEL PRODUCTS INC

Borrower Address

1205 N Dewey Street PO BOX 803

Borrower City

FAIRMONT

Borrower State

MN

Borrower Zip

56031-0803

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

100000.00

Current Approval Amount

100000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRMONT

Project County Name

MARTIN

Project State

MN

Project Zip

56031-0803

CD

MN-01

Jobs Reported

17

NAICS Code

336212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

100000.00

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

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100686.11

Forgiveness Date

01/07/2021

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