PPP Loan information for FAVCO INC
$48,200

FAVCO INC was initially approved for PPP Loan of amount $48,200, the current approved amount is $48,200.
The loan was approved on 04/14/2020 by Bank of Hillsboro, National Association, IL. FAVCO INC reported 23 jobs and $48,200 was used to fund payroll.

FAVCO INC is Subchapter S Corporation business based in 3120 FOREST LAKE LN, STAUNTON, IL 62088-4200

Loans associated with FAVCO INC
Items Values
LoanNumber 5928367106
DateApproved 04/14/2020
SBAOfficeCode 0507
ProcessingMethod PPP
BorrowerName FAVCO INC
BorrowerAddress 3120 FOREST LAKE LN
BorrowerCity STAUNTON
BorrowerState IL
BorrowerZip 62088-4200
LoanStatusDate 02/09/2021
LoanStatus Paid in Full
Term 24
SBAGuarantyPercentage 100
InitialApprovalAmount $48,200
CurrentApprovalAmount $48,200
UndisbursedAmount 0
FranchiseName
ServicingLenderLocationID 22110
ServicingLenderName Bank of Hillsboro, National Association
ServicingLenderAddress 230 S Main St
ServicingLenderCity HILLSBORO
ServicingLenderState IL
ServicingLenderZip 62049-1131
RuralUrbanIndicator R
HubzoneIndicator N
LMIIndicator N
BusinessAgeDescription Existing or more than 2 years old
ProjectCity STAUNTON
ProjectCountyName MACOUPIN
ProjectState IL
ProjectZip 62088-4200
CD IL-13
JobsReported 23
NAICSCode 713910
Race Unanswered
Ethnicity Unknown/NotStated
UTILITIES_PROCEED
PAYROLL_PROCEED 48200
MORTGAGE_INTEREST_PROCEED
RENT_PROCEED
REFINANCE_EIDL_PROCEED
HEALTH_CARE_PROCEED
DEBT_INTEREST_PROCEED
BusinessType Subchapter S Corporation
OriginatingLenderLocationID 22110
OriginatingLender Bank of Hillsboro, National Association
OriginatingLenderCity HILLSBORO
OriginatingLenderState IL
Gender Unanswered
Veteran Unanswered
NonProfit