Date Approved
01/23/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
FAKO INC
Borrower Address
25148 Evergreen Rd
Borrower City
Southfield
Borrower State
MI
Borrower Zip
48075-1759
Loan Status Date
12/24/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
160416.69
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
443364
Servicing Lender Name
LCA Bank Corporation
Servicing Lender Address
1441 W UTE Blvd Ste 250
Servicing Lender City
PARK CITY
Servicing Lender State
UT
Servicing Lender Zip
84098
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-12
Jobs Reported
20
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
160412.69
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
161414.84
Forgiveness Date
09/20/2021