PPP Loan information for Favorite brokers inc

$356,109

Favorite brokers inc was initially approved for PPP Loan of amount $356,109, the current approved amount is $356,109. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 21 jobs and $356,109 was used to fund payroll.

Favorite brokers inc is Existing or more than 2 years old

FAVORITE BROKERS INC

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

FAVORITE BROKERS INC

Borrower Address

508 NORTH AVE

Borrower City

NEW ROCHELLE

Borrower State

NY

Borrower Zip

10801

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356109.00

Current Approval Amount

356109.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ROCHELLE

Project County Name

WESTCHESTER

Project State

NY

Project Zip

10801-1000

CD

NY-16

Jobs Reported

21

NAICS Code

424410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

356109.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

359445.69

Forgiveness Date

04/14/2021

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