PPP Loan information for Fast appliance repair inc

$540,969

Fast appliance repair inc was initially approved for PPP Loan of amount $540,969, the current approved amount is $540,969. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 42 jobs and $540,969 was used to fund payroll.

Fast appliance repair inc is New Business or 2 years or less

FAST APPLIANCE REPAIR INC

Date Approved

05/01/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FAST APPLIANCE REPAIR INC

Borrower Address

2200 N 11th St

Borrower City

Reading

Borrower State

PA

Borrower Zip

19604

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

540969.00

Current Approval Amount

540969.00

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

N

Business Age Description

New Business or 2 years or less

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19604-1000

CD

PA-04

Jobs Reported

42

NAICS Code

811412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

540969.00

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

550661.98

Forgiveness Date

02/17/2022

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