PPP Loan information for Faraz enterprises inc.

$90,500

Faraz enterprises inc. was initially approved for PPP Loan of amount $90,500, the current approved amount is $90,500. The loan was approved on 01/28/2021 by The Premier Bank reported 12 jobs and $90,500 was used to fund payroll.

Faraz enterprises inc. is Existing or more than 2 years old

FARAZ ENTERPRISES INC.

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FARAZ ENTERPRISES INC.

Borrower Address

3420 Northdale Blvd NW

Borrower City

Coon Rapids

Borrower State

MN

Borrower Zip

55448-6704

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

90500.00

Current Approval Amount

90500.00

Undisbursed Amount

0.00

Franchise Name

Wingate by Wyndham

Servicing Lender Location Id

38359

Servicing Lender Name

Premier Bank

Servicing Lender Address

2866 White Bear Ave

Servicing Lender City

MAPLEWOOD

Servicing Lender State

MN

Servicing Lender Zip

55109-1301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Coon Rapids

Project County Name

ANOKA

Project State

MN

Project Zip

55448-6704

CD

MN-03

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

90495.00

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

38359

Originating Lender

Premier Bank

Originating Lender City

MAPLEWOOD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

91063.11

Forgiveness Date

09/14/2021

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