PPP Loan information for Fm title, inc.

$254,500

Fm title, inc. was initially approved for PPP Loan of amount $254,500, the current approved amount is $254,500. The loan was approved on 04/04/2020 by The Cornerstone Bank reported 23 jobs and $254,500 was used to fund payroll.

Fm title, inc. is Existing or more than 2 years old

FM TITLE, INC.

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

FM TITLE, INC.

Borrower Address

101 8th Street South

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-1822

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254500.00

Current Approval Amount

254500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-1822

CD

ND-

Jobs Reported

23

NAICS Code

541191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

190875.00

Mortgage Interest Proceed

63625.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256175.46

Forgiveness Date

12/08/2020

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