PPP Loan information for Favored168 inc

$11,458

Favored168 inc was initially approved for PPP Loan of amount $11,458, the current approved amount is $11,458. The loan was approved on 04/07/2021 by The Redstone FCU reported 2 jobs and $11,458 was used to fund payroll.

Favored168 inc is Existing or more than 2 years old

FAVORED168 INC

Date Approved

04/07/2021

SBA Office Code

0459

Processing Method

PPP

Borrower Name

FAVORED168 INC

Borrower Address

6707 Highway 431 S

Borrower City

Owens Cross Roads

Borrower State

AL

Borrower Zip

35763-9204

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11458.32

Current Approval Amount

11458.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

91061

Servicing Lender Name

Redstone FCU

Servicing Lender Address

220 Wynn Dr

Servicing Lender City

HUNTSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35893-0001

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Owens Cross Roads

Project County Name

MADISON

Project State

AL

Project Zip

35763-9204

CD

AL-05

Jobs Reported

2

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

11452.32

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

91061

Originating Lender

Redstone FCU

Originating Lender City

HUNTSVILLE

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

11494.42

Forgiveness Date

08/17/2021

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