PPP Loan information for Farason corpoation

$1,121,584

Farason corpoation was initially approved for PPP Loan of amount $1,121,584, the current approved amount is $1,121,584. The loan was approved on 04/15/2020 by The Santander Bank, National Association reported 53 jobs and $1,121,584 was used to fund payroll.

Farason corpoation is Existing or more than 2 years old

PPP Loan Search / PA / Coatesville / Farason corpoation

FARASON CORPOATION

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FARASON CORPOATION

Borrower Address

855 Fox Chase Suite 102

Borrower City

Coatesville

Borrower State

PA

Borrower Zip

19320

Loan Status Date

06/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1121584.00

Current Approval Amount

1121584.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Coatesville

Project County Name

CHESTER

Project State

PA

Project Zip

19320-0001

CD

PA-06

Jobs Reported

53

NAICS Code

561920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1121584.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1133537.32

Forgiveness Date

05/17/2021

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