PPP Loan information for Ferra designs inc

$625,000

Ferra designs inc was initially approved for PPP Loan of amount $625,000, the current approved amount is $625,000. The loan was approved on 04/15/2020 by The TD Bank, National Association reported 35 jobs and $625,000 was used to fund payroll.

Ferra designs inc is Existing or more than 2 years old

FERRA DESIGNS INC

Date Approved

04/15/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

FERRA DESIGNS INC

Borrower Address

63 FLUSHING AVE BLDG 10 UNIT 135

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11205

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

625000.00

Current Approval Amount

625000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11205-0001

CD

NY-07

Jobs Reported

35

NAICS Code

332323

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

625000.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

598219.03

Forgiveness Date

08/20/2021

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