PPP Loan information for Faber's rug company inc

$222,885

Faber's rug company inc was initially approved for PPP Loan of amount $222,885, the current approved amount is $222,885. The loan was approved on 03/06/2021 by The Manufacturers and Traders Trust Company reported 18 jobs and $222,885 was used to fund payroll.

Faber's rug company inc is Existing or more than 2 years old

PPP Loan Search / MA / Wellesley / Faber's rug company inc

FABER'S RUG COMPANY INC

Date Approved

03/06/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FABER'S RUG COMPANY INC

Borrower Address

19 Central St

Borrower City

Wellesley

Borrower State

MA

Borrower Zip

02482-5801

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

222885.00

Current Approval Amount

222885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wellesley

Project County Name

NORFOLK

Project State

MA

Project Zip

02482-5801

CD

MA-05

Jobs Reported

18

NAICS Code

314110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

222882.00

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

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224313.91

Forgiveness Date

11/01/2021

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