PPP Loan information for Fads usa inc

$331,800

Fads usa inc was initially approved for PPP Loan of amount $331,800, the current approved amount is $331,800. The loan was approved on 04/09/2020 by The Blue Ridge Bank, National Association reported 23 jobs and $331,800 was used to fund payroll.

Fads usa inc is Existing or more than 2 years old

PPP Loan Search / MA / LONGMEADOW / Fads usa inc

FADS USA INC

Date Approved

04/09/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

FADS USA INC

Borrower Address

10 BLISS RD

Borrower City

LONGMEADOW

Borrower State

MA

Borrower Zip

01106-1420

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331800.00

Current Approval Amount

331800.00

Undisbursed Amount

0.00

Franchise Name

Fred Astaire Dance Studios

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONGMEADOW

Project County Name

HAMPDEN

Project State

MA

Project Zip

01106-1420

CD

MA-01

Jobs Reported

23

NAICS Code

533110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3400.00

Payroll Proceed

248900.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22400.00

Debt Interest Proceed

41100

Business Type

Corporation

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

336445.20

Forgiveness Date

09/07/2021

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