PPP Loan information for Fada group inc

$350,000

Fada group inc was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 01/23/2021 by The Unity Bank reported 31 jobs and $350,000 was used to fund payroll.

Fada group inc is Existing or more than 2 years old

PPP Loan Search / NJ / Denville / Fada group inc

FADA GROUP INC

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FADA GROUP INC

Borrower Address

248 US Highway 46

Borrower City

Denville

Borrower State

NJ

Borrower Zip

07834-2730

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117644

Servicing Lender Name

Unity Bank

Servicing Lender Address

64 Old Hwy 22

Servicing Lender City

CLINTON

Servicing Lender State

NJ

Servicing Lender Zip

08809-1305

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Denville

Project County Name

MORRIS

Project State

NJ

Project Zip

07834-2730

CD

NJ-11

Jobs Reported

31

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

349995.00

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

117644

Originating Lender

Unity Bank

Originating Lender City

CLINTON

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352275.00

Forgiveness Date

09/27/2021

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