PPP Loan information for Factory of excellence, inc.

$204,800

Factory of excellence, inc. was initially approved for PPP Loan of amount $204,800, the current approved amount is $204,800. The loan was approved on 04/06/2020 by The Libertyville Bank & Trust Company, National Association reported 16 jobs and $204,800 was used to fund payroll.

Factory of excellence, inc. is Existing or more than 2 years old

PPP Loan Search / OH / TWINSBURG / Factory of excellence, inc.

FACTORY OF EXCELLENCE, INC.

Date Approved

04/06/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

FACTORY OF EXCELLENCE, INC.

Borrower Address

2035 Midway Dr Unit A

Borrower City

TWINSBURG

Borrower State

OH

Borrower Zip

44087-1933

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

204800.00

Current Approval Amount

204800.00

Undisbursed Amount

0.00

Franchise Name

Weed Man

Servicing Lender Location Id

119728

Servicing Lender Name

Libertyville Bank & Trust Company, National Association

Servicing Lender Address

507 N Milwaukee Ave

Servicing Lender City

LIBERTYVILLE

Servicing Lender State

IL

Servicing Lender Zip

60048-2000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TWINSBURG

Project County Name

SUMMIT

Project State

OH

Project Zip

44087-1933

CD

OH-13

Jobs Reported

16

NAICS Code

541320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2560.00

Payroll Proceed

153600.00

Mortgage Interest Proceed

48640.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119728

Originating Lender

Libertyville Bank & Trust Company, National Association

Originating Lender City

LIBERTYVILLE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

206779.73

Forgiveness Date

03/31/2021

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