PPP Loan information for Factory connection

$70,032

Factory connection was initially approved for PPP Loan of amount $70,032, the current approved amount is $70,032. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $70,032 was used to fund payroll.

Factory connection is Existing or more than 2 years old

FACTORY CONNECTION

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

FACTORY CONNECTION

Borrower Address

72480 ROLLING KNOLLS DR

Borrower City

PALM DESERT

Borrower State

CA

Borrower Zip

92260

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70032.00

Current Approval Amount

70032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALM DESERT

Project County Name

RIVERSIDE

Project State

CA

Project Zip

92260-0001

CD

CA-41

Jobs Reported

4

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70032.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70820.58

Forgiveness Date

06/22/2021

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