# PPP loan: FAIRMONT MANAGEMENT INC.
> **$346K** approved 04/28/2020 · Paid in Full · Loan `1668867304`
## Borrower
- **Name:** FAIRMONT MANAGEMENT INC.
- **Address:** 845 Thayer Ave.,, LOS ANGELES, CA, 90024-3311
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $349K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $314K
- **Health care:** $32K
- **Jobs reported:** 27
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*