# PPP loan: FAIRLANE INDUSTRIES INC.
> **$337K** approved 02/23/2021 · Paid in Full · Loan `3188198507`
## Borrower
- **Name:** FAIRLANE INDUSTRIES INC.
- **Address:** 5033 Southwest Ave, Saint Louis, MO, 63110-3427
- **NAICS:** 326299
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $337K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*