PPP Loan information for Fafard business trust

$680,200

Fafard business trust was initially approved for PPP Loan of amount $680,200, the current approved amount is $680,200. The loan was approved on 04/10/2020 by The Main Street Bank reported 48 jobs and $680,200 was used to fund payroll.

Fafard business trust is Existing or more than 2 years old

FAFARD BUSINESS TRUST

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FAFARD BUSINESS TRUST

Borrower Address

120 QUARRY DRIVE

Borrower City

MILFORD

Borrower State

MA

Borrower Zip

01757-1729

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680200.00

Current Approval Amount

680200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33042

Servicing Lender Name

Main Street Bank

Servicing Lender Address

81 Granger Blvd

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-2851

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILFORD

Project County Name

WORCESTER

Project State

MA

Project Zip

01757-1729

CD

MA-04

Jobs Reported

48

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

Mortgage Interest Proceed

80200.00

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

33042

Originating Lender

Main Street Bank

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

686983.36

Forgiveness Date

04/29/2021

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