PPP Loan information for Foneco business systems inc

$82,500

Foneco business systems inc was initially approved for PPP Loan of amount $82,500, the current approved amount is $82,500. The loan was approved on 04/15/2020 by The City Bank reported 7 jobs and $82,500 was used to fund payroll.

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

PPP Loan Search / TX / MESQUITE / Foneco business systems inc

FONECO BUSINESS SYSTEMS INC

Date Approved

04/15/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

FONECO BUSINESS SYSTEMS INC

Borrower Address

3332 EAST HWY 80

Borrower City

MESQUITE

Borrower State

TX

Borrower Zip

75149-1101

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82500.00

Current Approval Amount

82500.00

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

7

NAICS Code

334210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

8250.00

Payroll Proceed

66000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8250.00

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

83038.54

Forgiveness Date

12/14/2020

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