PPP Loan information for Faust brothers

$24,800

Faust brothers was initially approved for PPP Loan of amount $24,800, the current approved amount is $24,800. The loan was approved on 04/02/2021 by The Cherokee State Bank reported 2 jobs and $24,800 was used to fund payroll.

Faust brothers is Existing or more than 2 years old

FAUST BROTHERS

Date Approved

04/02/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

FAUST BROTHERS

Borrower Address

4891 Tanager Ave

Borrower City

Calumet

Borrower State

IA

Borrower Zip

51009-7744

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24800.00

Current Approval Amount

24800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Calumet

Project County Name

OBRIEN

Project State

IA

Project Zip

51009-7744

CD

IA-04

Jobs Reported

2

NAICS Code

111150

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24798.00

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

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

24948.12

Forgiveness Date

11/15/2021

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