PPP Loan information for Faid & rana, inc.

$149,999

Faid & rana, inc. was initially approved for PPP Loan of amount $149,999, the current approved amount is $149,999. The loan was approved on 03/04/2021 by The Bank of America, National Association reported 15 jobs and $149,999 was used to fund payroll.

Faid & rana, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Hamtramck / Faid & rana, inc.

FAID & RANA, INC.

Date Approved

03/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FAID & RANA, INC.

Borrower Address

9811 Conant St

Borrower City

Hamtramck

Borrower State

MI

Borrower Zip

48212-3877

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149999.00

Current Approval Amount

149999.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hamtramck

Project County Name

WAYNE

Project State

MI

Project Zip

48212-3877

CD

MI-13

Jobs Reported

15

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

149997.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

150820.91

Forgiveness Date

09/22/2021

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