PPP Loan information for Foneco business systems inc.

$78,968

Foneco business systems inc. was initially approved for PPP Loan of amount $78,968, the current approved amount is $78,968. The loan was approved on 01/27/2021 by The City Bank reported 6 jobs and $78,968 was used to fund payroll.

Foneco business systems inc. is Existing or more than 2 years old

FONECO BUSINESS SYSTEMS INC.

Date Approved

01/27/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

FONECO BUSINESS SYSTEMS INC.

Borrower Address

3332 US Highway 80 E

Borrower City

Mesquite

Borrower State

TX

Borrower Zip

75149-1101

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78967.50

Current Approval Amount

78967.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71330

Servicing Lender Name

City Bank

Servicing Lender Address

5219 City Bank Pkwy

Servicing Lender City

LUBBOCK

Servicing Lender State

TX

Servicing Lender Zip

79407-3544

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mesquite

Project County Name

DALLAS

Project State

TX

Project Zip

75149-1101

CD

TX-05

Jobs Reported

6

NAICS Code

541519

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

78967.50

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

71330

Originating Lender

City Bank

Originating Lender City

LUBBOCK

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

79346.98

Forgiveness Date

07/21/2021

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