PPP Loan information for Fairlane gear inc

$60,965

Fairlane gear inc was initially approved for PPP Loan of amount $60,965, the current approved amount is $60,965. The loan was approved on 03/26/2021 by The PNC Bank, National Association reported 6 jobs and $60,965 was used to fund payroll.

Fairlane gear inc is Existing or more than 2 years old

FAIRLANE GEAR INC

Date Approved

03/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FAIRLANE GEAR INC

Borrower Address

8182 N Canton Center Rd 8182 N Canton Center Rd

Borrower City

Canton

Borrower State

MI

Borrower Zip

48187-1305

Loan Status Date

08/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60965.00

Current Approval Amount

60965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48187-1305

CD

MI-06

Jobs Reported

6

NAICS Code

333612

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

60963.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61752.46

Forgiveness Date

07/18/2022

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