PPP Loan information for Folong inc

$40,031

Folong inc was initially approved for PPP Loan of amount $16,716, the current approved amount is $40,031. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 6 jobs and $40,031 was used to fund payroll.

Folong inc is New Business or 2 years or less

FOLONG INC

Date Approved

04/30/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

FOLONG INC

Borrower Address

1101 N JESSE JAMES RD

Borrower City

EXCELSIOR SPRINGS

Borrower State

MO

Borrower Zip

64024-1116

Loan Status Date

07/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16716.00

Current Approval Amount

40031.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

EXCELSIOR SPRINGS

Project County Name

CLAY

Project State

MO

Project Zip

64024-1116

CD

MO-06

Jobs Reported

6

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

40031.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

16875.70

Forgiveness Date

05/19/2021

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