PPP Loan information for Farrar's inc

$254,800

Farrar's inc was initially approved for PPP Loan of amount $254,800, the current approved amount is $254,800. The loan was approved on 04/04/2020 by The Highlands Community Bank reported 24 jobs and $254,800 was used to fund payroll.

Farrar's inc is Existing or more than 2 years old

FARRAR'S INC

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

FARRAR'S INC

Borrower Address

537 Main St

Borrower City

CLIFTON FORGE

Borrower State

VA

Borrower Zip

24422-1177

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254800.00

Current Approval Amount

254800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

276736

Servicing Lender Name

Highlands Community Bank

Servicing Lender Address

307 Thacker Ave

Servicing Lender City

COVINGTON

Servicing Lender State

VA

Servicing Lender Zip

24426-2264

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLIFTON FORGE

Project County Name

ALLEGHANY

Project State

VA

Project Zip

24422-1177

CD

VA-06

Jobs Reported

24

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

254800.00

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

276736

Originating Lender

Highlands Community Bank

Originating Lender City

COVINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256604.83

Forgiveness Date

12/22/2020

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