PPP Loan information for Faris electric inc

$158,368

Faris electric inc was initially approved for PPP Loan of amount $158,368, the current approved amount is $158,368. The loan was approved on 05/06/2020 by The Rockland Trust Company reported 7 jobs and $158,368 was used to fund payroll.

Faris electric inc is New Business or 2 years or less

PPP Loan Search / MA / WESTPORT / Faris electric inc

FARIS ELECTRIC INC

Date Approved

05/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FARIS ELECTRIC INC

Borrower Address

138 DAVIS RD

Borrower City

WESTPORT

Borrower State

MA

Borrower Zip

02790

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158368.00

Current Approval Amount

158368.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WESTPORT

Project County Name

BRISTOL

Project State

MA

Project Zip

02790-0001

CD

MA-09

Jobs Reported

7

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158368.00

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160180.43

Forgiveness Date

06/29/2021

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