PPP Loan information for Fausett investments, llc

$47,298

Fausett investments, llc was initially approved for PPP Loan of amount $47,298, the current approved amount is $47,298. The loan was approved on 04/09/2020 by The Commercial Banking Company reported 20 jobs and $47,298 was used to fund payroll.

Fausett investments, llc is New Business or 2 years or less

FAUSETT INVESTMENTS, LLC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FAUSETT INVESTMENTS, LLC

Borrower Address

914 Baytree Rd

Borrower City

Valdosta

Borrower State

GA

Borrower Zip

31602-2813

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47298.00

Current Approval Amount

47298.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120813

Servicing Lender Name

Commercial Banking Company

Servicing Lender Address

3462 N Valdosta Rd

Servicing Lender City

VALDOSTA

Servicing Lender State

GA

Servicing Lender Zip

31602-1097

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Valdosta

Project County Name

LOWNDES

Project State

GA

Project Zip

31602-2813

CD

GA-08

Jobs Reported

20

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

47298.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

120813

Originating Lender

Commercial Banking Company

Originating Lender City

VALDOSTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

47735.99

Forgiveness Date

03/25/2021

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