PPP Loan information for Faro contracting inc

$20,800

Faro contracting inc was initially approved for PPP Loan of amount $20,800, the current approved amount is $20,800. The loan was approved on 02/13/2021 by The First Merchants Bank reported 2 jobs and $20,800 was used to fund payroll.

Faro contracting inc is Existing or more than 2 years old

PPP Loan Search / MI / Southgate / Faro contracting inc

FARO CONTRACTING INC

Date Approved

02/13/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FARO CONTRACTING INC

Borrower Address

14350 Eureka Rd

Borrower City

Southgate

Borrower State

MI

Borrower Zip

48195-2057

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20800.00

Current Approval Amount

20800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southgate

Project County Name

WAYNE

Project State

MI

Project Zip

48195-2057

CD

MI-13

Jobs Reported

2

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

20795.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20887.76

Forgiveness Date

07/26/2021

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