PPP Loan information for Fast appliance repair inc

$525,000

Fast appliance repair inc was initially approved for PPP Loan of amount $525,000, the current approved amount is $525,000. The loan was approved on 04/09/2021 by The Bank of America, National Association reported 46 jobs and $525,000 was used to fund payroll.

Fast appliance repair inc is Existing or more than 2 years old

FAST APPLIANCE REPAIR INC

Date Approved

04/09/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

FAST APPLIANCE REPAIR INC

Borrower Address

2200 N 11th St

Borrower City

Reading

Borrower State

PA

Borrower Zip

19604-1206

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

525000.00

Current Approval Amount

525000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19604-1206

CD

PA-04

Jobs Reported

46

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

524999.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

529559.59

Forgiveness Date

02/25/2022

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