PPP Loan information for Fos development corp

$1,215,308

Fos development corp was initially approved for PPP Loan of amount $1,215,308, the current approved amount is $1,215,308. The loan was approved on 01/30/2021 by The Loan Source Incorporated reported 47 jobs and $1,215,308 was used to fund payroll.

Fos development corp is Existing or more than 2 years old

FOS DEVELOPMENT CORP

Date Approved

01/30/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

FOS DEVELOPMENT CORP

Borrower Address

5321 Vernon Blvd

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11101-5901

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1215307.50

Current Approval Amount

1215307.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11101-5901

CD

NY-07

Jobs Reported

47

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1215305.50

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

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1228992.20

Forgiveness Date

03/24/2022

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