PPP Loan information for Farone and son inc.

$103,200

Farone and son inc. was initially approved for PPP Loan of amount $103,200, the current approved amount is $103,200. The loan was approved on 04/27/2020 by The Manufacturers and Traders Trust Company reported 8 jobs and $103,200 was used to fund payroll.

Farone and son inc. is Existing or more than 2 years old

FARONE AND SON INC.

Date Approved

04/27/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

FARONE AND SON INC.

Borrower Address

1500 Park st

Borrower City

Syracuse

Borrower State

NY

Borrower Zip

13208

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103200.00

Current Approval Amount

103200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Syracuse

Project County Name

ONONDAGA

Project State

NY

Project Zip

13208-0900

CD

NY-22

Jobs Reported

8

NAICS Code

812210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9000.00

Payroll Proceed

74220.00

Mortgage Interest Proceed

7000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8340.00

Debt Interest Proceed

4640

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104656.11

Forgiveness Date

09/29/2021

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