PPP Loan information for Faps, inc.

$5,089,645

Faps, inc. was initially approved for PPP Loan of amount $5,089,645, the current approved amount is $5,089,645. The loan was approved on 04/07/2020 by The Webster Bank National Association reported 327 jobs and $5,089,645 was used to fund payroll.

Faps, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / NEWARK / Faps, inc.

FAPS, INC.

Date Approved

04/07/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

FAPS, INC.

Borrower Address

371 CRANEWAY ST

Borrower City

NEWARK

Borrower State

NJ

Borrower Zip

07114-3114

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5089645.00

Current Approval Amount

5089645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWARK

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-3114

CD

NJ-10

Jobs Reported

327

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5089645.00

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

Subchapter S Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5149186.87

Forgiveness Date

06/25/2021

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