PPP Loan information for Fairmount automation, inc.

$414,600

Fairmount automation, inc. was initially approved for PPP Loan of amount $414,600, the current approved amount is $414,600. The loan was approved on 04/08/2020 by The LendingClub Bank, National Association reported 25 jobs and $414,600 was used to fund payroll.

Fairmount automation, inc. is Existing or more than 2 years old

FAIRMOUNT AUTOMATION, INC.

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FAIRMOUNT AUTOMATION, INC.

Borrower Address

10 Clipper Road

Borrower City

CONSHOHOCKEN

Borrower State

PA

Borrower Zip

19428-2721

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

414600.00

Current Approval Amount

414600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111901

Servicing Lender Name

LendingClub Bank, National Association

Servicing Lender Address

2701 N Thanksgiving Way

Servicing Lender City

LEHI

Servicing Lender State

UT

Servicing Lender Zip

84043

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONSHOHOCKEN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19428-2721

CD

PA-04

Jobs Reported

25

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

414600.00

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

111901

Originating Lender

LendingClub Bank, National Association

Originating Lender City

LEHI

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

416949.40

Forgiveness Date

11/12/2020

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