PPP Loan information for Fairmont tool, inc.

$1,137,706

Fairmont tool, inc. was initially approved for PPP Loan of amount $1,137,706, the current approved amount is $1,137,706. The loan was approved on 04/07/2020 by The WesBanco Bank, Inc. reported 83 jobs and $1,137,706 was used to fund payroll.

Fairmont tool, inc. is Existing or more than 2 years old

FAIRMONT TOOL, INC.

Date Approved

04/07/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

FAIRMONT TOOL, INC.

Borrower Address

283 VAN KIRK DR

Borrower City

FAIRMONT

Borrower State

WV

Borrower Zip

26554-9783

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1137706.40

Current Approval Amount

1137706.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

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

MARION

Project State

WV

Project Zip

26554-9783

CD

WV-02

Jobs Reported

83

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1137706.40

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1146028.80

Forgiveness Date

01/07/2021

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