# PPP loan: FAIRMONT SIGN COMPANY
> **$937K** approved 01/27/2021 · Paid in Full · Loan `6781578301`
## Borrower
- **Name:** FAIRMONT SIGN COMPANY
- **Address:** 3750 E Outer Dr, Detroit, MI, 48234-2946
- **NAICS:** 339950
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $937K
- **Initial approval:** $937K
- **Forgiven:** $943K (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $937K
- **Jobs reported:** 78
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*