PPP Loan information for Favorite foods, inc.

$27,577

Favorite foods, inc. was initially approved for PPP Loan of amount $27,577, the current approved amount is $27,577. The loan was approved on 04/09/2020 by The Morris Bank reported 12 jobs and $27,577 was used to fund payroll.

Favorite foods, inc. is Existing or more than 2 years old

FAVORITE FOODS, INC.

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FAVORITE FOODS, INC.

Borrower Address

455 S MAIN ST

Borrower City

STATESBORO

Borrower State

GA

Borrower Zip

30458-1474

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27577.46

Current Approval Amount

27577.46

Undisbursed Amount

0.00

Franchise Name

Daylight Donut Shop

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STATESBORO

Project County Name

BULLOCH

Project State

GA

Project Zip

30458-1474

CD

GA-12

Jobs Reported

12

NAICS Code

445291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

415.46

Payroll Proceed

22062.00

Mortgage Interest Proceed

0.00

Rent Proceed

5100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

27791.95

Forgiveness Date

01/20/2021

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