PPP Loan information for Fairmont sign company

$983,600

Fairmont sign company was initially approved for PPP Loan of amount $983,600, the current approved amount is $983,600. The loan was approved on 04/15/2020 by The First-Citizens Bank & Trust Company reported 78 jobs and $983,600 was used to fund payroll.

Fairmont sign company is New Business or 2 years or less

FAIRMONT SIGN COMPANY

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FAIRMONT SIGN COMPANY

Borrower Address

3750 East Outer Drive

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48324

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

983600.00

Current Approval Amount

983600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Detroit

Project County Name

OAKLAND

Project State

MI

Project Zip

48324-0899

CD

MI-11

Jobs Reported

78

NAICS Code

339950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

983600.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

994756.45

Forgiveness Date

06/09/2021

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