PPP Loan information for Faustel, inc.

$661,500

Faustel, inc. was initially approved for PPP Loan of amount $661,500, the current approved amount is $661,500. The loan was approved on 04/09/2020 by The BMO Harris Bank National Association reported 38 jobs and $661,500 was used to fund payroll.

Faustel, inc. is Existing or more than 2 years old

FAUSTEL, INC.

Date Approved

04/09/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

FAUSTEL, INC.

Borrower Address

W194 N11301 McCormick Drive

Borrower City

GERMANTOWN

Borrower State

WI

Borrower Zip

53022

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

661500.00

Current Approval Amount

661500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GERMANTOWN

Project County Name

WASHINGTON

Project State

WI

Project Zip

53022-0001

CD

WI-05

Jobs Reported

38

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

661500.00

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

Subchapter S Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

667806.90

Forgiveness Date

03/31/2021

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