PPP Loan information for Favorite brokers inc

$466,609

Favorite brokers inc was initially approved for PPP Loan of amount $466,609, the current approved amount is $466,609. The loan was approved on 02/06/2021 by The Wells Fargo Bank, National Association reported 16 jobs and $466,609 was used to fund payroll.

Favorite brokers inc is Existing or more than 2 years old

FAVORITE BROKERS INC

Date Approved

02/06/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

FAVORITE BROKERS INC

Borrower Address

508 North Ave

Borrower City

New Rochelle

Borrower State

NY

Borrower Zip

10801-3412

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

466609.00

Current Approval Amount

466609.00

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

10801-3412

CD

NY-16

Jobs Reported

16

NAICS Code

722310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

466606.00

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

470303.52

Forgiveness Date

11/26/2021

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