PPP Loan information for Falite brothers inc.

$331,000

Falite brothers inc. was initially approved for PPP Loan of amount $331,000, the current approved amount is $331,000. The loan was approved on 04/06/2020 by The BankGloucester reported 25 jobs and $331,000 was used to fund payroll.

Falite brothers inc. is Existing or more than 2 years old

PPP Loan Search / MA / WAKEFIELD / Falite brothers inc.

FALITE BROTHERS INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FALITE BROTHERS INC.

Borrower Address

9 BROADWAY ST

Borrower City

WAKEFIELD

Borrower State

MA

Borrower Zip

01880-3210

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331000.00

Current Approval Amount

331000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAKEFIELD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01880-3210

CD

MA-06

Jobs Reported

25

NAICS Code

333415

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

331000.00

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

335053.62

Forgiveness Date

07/08/2021

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