PPP Loan information for Fabspeed.com inc

$554,400

Fabspeed.com inc was initially approved for PPP Loan of amount $689,500, the current approved amount is $554,400. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 45 jobs and $554,400 was used to fund payroll.

Fabspeed.com inc is Existing or more than 2 years old

FABSPEED.COM INC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FABSPEED.COM INC

Borrower Address

155 Commerce drive

Borrower City

Fort washington

Borrower State

PA

Borrower Zip

19034

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

689500.00

Current Approval Amount

554400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fort washington

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19034-0001

CD

PA-04

Jobs Reported

45

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

554400.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

562495.76

Forgiveness Date

10/07/2021

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