PPP Loan information for Farai, inc.

$37,167

Farai, inc. was initially approved for PPP Loan of amount $37,167, the current approved amount is $37,167. The loan was approved on 02/02/2021 by The Loan Source Incorporated reported 7 jobs and $37,167 was used to fund payroll.

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

PPP Loan Search / MA / Brighton / Farai, inc.

FARAI, INC.

Date Approved

02/02/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

FARAI, INC.

Borrower Address

407 Washington St

Borrower City

Brighton

Borrower State

MA

Borrower Zip

02135-2731

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37167.00

Current Approval Amount

37167.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brighton

Project County Name

SUFFOLK

Project State

MA

Project Zip

02135-2731

CD

MA-07

Jobs Reported

7

NAICS Code

445291

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

37163.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37606.89

Forgiveness Date

04/19/2022

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