PPP Loan information for Fava associates inc.

$252,808

Fava associates inc. was initially approved for PPP Loan of amount $252,808, the current approved amount is $252,808. The loan was approved on 01/27/2021 by The First Bank reported 80 jobs and $252,808 was used to fund payroll.

Fava associates inc. is Existing or more than 2 years old

FAVA ASSOCIATES INC.

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FAVA ASSOCIATES INC.

Borrower Address

2275 Kuser Rd

Borrower City

Hamilton

Borrower State

NJ

Borrower Zip

08690-3607

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252808.00

Current Approval Amount

252808.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448323

Servicing Lender Name

First Bank

Servicing Lender Address

2465 Kuser Rd, Ste 101

Servicing Lender City

HAMILTON

Servicing Lender State

NJ

Servicing Lender Zip

08690-3310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamilton

Project County Name

MERCER

Project State

NJ

Project Zip

08690-3607

CD

NJ-03

Jobs Reported

80

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

252804.00

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

448323

Originating Lender

First Bank

Originating Lender City

HAMILTON

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

255945.59

Forgiveness Date

04/27/2022

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