PPP Loan information for Farai, inc.

$36,800

Farai, inc. was initially approved for PPP Loan of amount $36,900, the current approved amount is $36,800. The loan was approved on 04/11/2020 by The Berkshire Bank reported 7 jobs and $36,800 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

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FARAI, INC.

Borrower Address

407 WASHINGTON ST

Borrower City

BRIGHTON

Borrower State

MA

Borrower Zip

02135-2731

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

36900.00

Current Approval Amount

36800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

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

311812

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

36800.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37170.02

Forgiveness Date

05/18/2021

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