PPP Loan information for Faretec inc.

$86,400

Faretec inc. was initially approved for PPP Loan of amount $86,400, the current approved amount is $86,400. The loan was approved on 04/09/2020 by The The Huntington National Bank reported 10 jobs and $86,400 was used to fund payroll.

Faretec inc. is Existing or more than 2 years old

FARETEC INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FARETEC INC.

Borrower Address

1610 W JACKSON ST UNIT 6

Borrower City

PAINESVILLE

Borrower State

OH

Borrower Zip

44077-1312

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86400.00

Current Approval Amount

86400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAINESVILLE

Project County Name

LAKE

Project State

OH

Project Zip

44077-1312

CD

OH-14

Jobs Reported

10

NAICS Code

339113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86400.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87117.24

Forgiveness Date

02/25/2021

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