PPP Loan information for Faraday, inc.

$561,900

Faraday, inc. was initially approved for PPP Loan of amount $561,900, the current approved amount is $561,900. The loan was approved on 04/08/2020 by The National Bank of Middlebury reported 41 jobs and $561,900 was used to fund payroll.

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

PPP Loan Search / VT / BURLINGTON / Faraday, inc.

FARADAY, INC.

Date Approved

04/08/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

FARADAY, INC.

Borrower Address

431 PINE ST

Borrower City

BURLINGTON

Borrower State

VT

Borrower Zip

05401-4726

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561900.00

Current Approval Amount

561900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72992

Servicing Lender Name

National Bank of Middlebury

Servicing Lender Address

30 Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

VT

Servicing Lender Zip

05753-1416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURLINGTON

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05401-4726

CD

VT-

Jobs Reported

41

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

561900.00

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

72992

Originating Lender

National Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

566610.72

Forgiveness Date

02/17/2021

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