PPP Loan information for Fairmont tool inc.

$815,208

Fairmont tool inc. was initially approved for PPP Loan of amount $815,208, the current approved amount is $815,208. The loan was approved on 01/20/2021 by The WesBanco Bank, Inc. reported 71 jobs and $815,208 was used to fund payroll.

Fairmont tool inc. is Existing or more than 2 years old

PPP Loan Search / WV / Fairmont / Fairmont tool inc.

FAIRMONT TOOL INC.

Date Approved

01/20/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

FAIRMONT TOOL INC.

Borrower Address

283 Van Kirk Dr

Borrower City

Fairmont

Borrower State

WV

Borrower Zip

26554-9783

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

815207.50

Current Approval Amount

815207.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75497

Servicing Lender Name

WesBanco Bank, Inc.

Servicing Lender Address

1 Bank Plz

Servicing Lender City

WHEELING

Servicing Lender State

WV

Servicing Lender Zip

26003-3543

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairmont

Project County Name

MARION

Project State

WV

Project Zip

26554-9783

CD

WV-02

Jobs Reported

71

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

815202.50

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

75497

Originating Lender

WesBanco Bank, Inc.

Originating Lender City

WHEELING

Originating Lender State

WV

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

819428.71

Forgiveness Date

08/02/2021

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