PPP Loan information for Fairmount associates

$449,500

Fairmount associates was initially approved for PPP Loan of amount $557,200, the current approved amount is $449,500. The loan was approved on 04/06/2020 by The Orrstown Bank reported 31 jobs and $449,500 was used to fund payroll.

Fairmount associates is Existing or more than 2 years old

PPP Loan Search / MD / TOWSON / Fairmount associates

FAIRMOUNT ASSOCIATES

Date Approved

04/06/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

FAIRMOUNT ASSOCIATES

Borrower Address

501 Fairmount Avenue, Suite 101

Borrower City

TOWSON

Borrower State

MD

Borrower Zip

21286-5375

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

557200.00

Current Approval Amount

449500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61196

Servicing Lender Name

Orrstown Bank

Servicing Lender Address

77 E King St

Servicing Lender City

SHIPPENSBURG

Servicing Lender State

PA

Servicing Lender Zip

17257-1307

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TOWSON

Project County Name

BALTIMORE

Project State

MD

Project Zip

21286-5375

CD

MD-02

Jobs Reported

31

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

449500.00

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

61196

Originating Lender

Orrstown Bank

Originating Lender City

SHIPPENSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

452504.88

Forgiveness Date

12/17/2020

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