PPP Loan information for Fada group, inc.

$250,762

Fada group, inc. was initially approved for PPP Loan of amount $250,762, the current approved amount is $250,762. The loan was approved on 04/08/2020 by The Unity Bank reported 40 jobs and $250,762 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

04/08/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FADA GROUP, INC.

Borrower Address

248 US Highway 46 West

Borrower City

DENVILLE

Borrower State

NJ

Borrower Zip

07834

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250762.00

Current Approval Amount

250762.00

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

07834-0001

CD

NJ-11

Jobs Reported

40

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11798.00

Payroll Proceed

200610.00

Mortgage Interest Proceed

0.00

Rent Proceed

34354.00

Refinance EIDL Proceed

0.00

Health Care Proceed

4000.00

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

252782.03

Forgiveness Date

02/09/2021

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