PPP Loan information for Fairchild electric, inc.

$35,600

Fairchild electric, inc. was initially approved for PPP Loan of amount $35,600, the current approved amount is $35,600. The loan was approved on 04/28/2020 by The First Merchants Bank reported 4 jobs and $35,600 was used to fund payroll.

Fairchild electric, inc. is Existing or more than 2 years old

FAIRCHILD ELECTRIC, INC.

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FAIRCHILD ELECTRIC, INC.

Borrower Address

2570 West Kilgore Avenue

Borrower City

Muncie

Borrower State

IN

Borrower Zip

47304-4802

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35600.00

Current Approval Amount

35600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muncie

Project County Name

DELAWARE

Project State

IN

Project Zip

47304-4802

CD

IN-05

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

35600.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

35945.27

Forgiveness Date

04/26/2021

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