PPP Loan information for Faktory inc.

$203,500

Faktory inc. was initially approved for PPP Loan of amount $203,500, the current approved amount is $203,500. The loan was approved on 03/10/2021 by The Mountain America FCU reported 14 jobs and $203,500 was used to fund payroll.

Faktory inc. is Existing or more than 2 years old

FAKTORY INC.

Date Approved

03/10/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

FAKTORY INC.

Borrower Address

700 W Porter Lane

Borrower City

Centerville

Borrower State

UT

Borrower Zip

84014

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

203500.00

Current Approval Amount

203500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106925

Servicing Lender Name

Mountain America FCU

Servicing Lender Address

9800 S Monroe St

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Centerville

Project County Name

DAVIS

Project State

UT

Project Zip

84014

CD

UT-02

Jobs Reported

14

NAICS Code

541810

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

203500.00

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

106925

Originating Lender

Mountain America FCU

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205334.29

Forgiveness Date

02/08/2022

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