PPP Loan information for Faa enterprises inc
$605,670
Faa enterprises inc was initially approved for PPP Loan of amount $605,670, the current approved amount is $605,670. The loan was approved on 01/25/2021 by The Clear Lake Bank & Trust Company reported 91 jobs and $605,670 was used to fund payroll.
Faa enterprises inc is Existing or more than 2 years old
FAA ENTERPRISES INC
Date Approved
01/25/2021
SBA Office Code
0761
Processing Method
PPS
Borrower Name
FAA ENTERPRISES INC
Borrower Address
2825 E 13th St
Borrower City
Ames
Borrower State
IA
Borrower Zip
50010-8616
Loan Status Date
11/05/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
605669.82
Current Approval Amount
605669.82
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
91
NAICS Code
722513
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
605668.82
Mortgage Interest Proceed
0.00
Rent Proceed
0.00
Refinance EIDL Proceed
0.00
Health Care Proceed
0.00
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
609892.68
Forgiveness Date
10/08/2021