Fair-Rite Products Corp
$1,664,600 PPP Loan in Wallkill, New York
Loan Details
- Loan Number
- 5528327204
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,664,600
- Current Approval
- $1,664,600
- Forgiveness Amount
- $1,686,080
- Forgiveness Date
- Aug 19, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Fair-Rite Products Corp
- Address
- One Commercial Row
- City
- Wallkill
- State
- New York
- ZIP Code
- 12589
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 111
- Estimated Revenue
- $31.0M
- Rural/Urban
- Rural
- Congressional District
- NY-18
Loan Use Breakdown
- Payroll
- $1,420,428
- Utilities
- $78,572
- Health Care
- $161,600
- Debt Interest
- $4,000
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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