PPP Loan information for Fairmount foundry inc

$110,552

Fairmount foundry inc was initially approved for PPP Loan of amount $110,552, the current approved amount is $110,552. The loan was approved on 01/20/2021 by The Bank of America, National Association reported 10 jobs and $110,552 was used to fund payroll.

Fairmount foundry inc is Existing or more than 2 years old

FAIRMOUNT FOUNDRY INC

Date Approved

01/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

FAIRMOUNT FOUNDRY INC

Borrower Address

25 2nd Ave

Borrower City

Woonsocket

Borrower State

RI

Borrower Zip

02895-5125

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110552.00

Current Approval Amount

110552.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Woonsocket

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02895-5125

CD

RI-01

Jobs Reported

10

NAICS Code

331511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

110552.00

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

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

111203.20

Forgiveness Date

08/26/2021

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