PPP Loan information for Faa enterprises inc

$432,600

Faa enterprises inc was initially approved for PPP Loan of amount $432,600, the current approved amount is $432,600. The loan was approved on 04/16/2020 by The Clear Lake Bank & Trust Company reported 97 jobs and $432,600 was used to fund payroll.

Faa enterprises inc is Existing or more than 2 years old

PPP Loan Search / IA / AMES / Faa enterprises inc

FAA ENTERPRISES INC

Date Approved

04/16/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

FAA ENTERPRISES INC

Borrower Address

2825 E 13TH ST

Borrower City

AMES

Borrower State

IA

Borrower Zip

50010-8616

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

432600.00

Current Approval Amount

432600.00

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMES

Project County Name

STORY

Project State

IA

Project Zip

50010-8616

CD

IA-04

Jobs Reported

97

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

362600.00

Mortgage Interest Proceed

25000.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

435700.30

Forgiveness Date

01/08/2021

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