PPP Loan information for Faison construction inc

$378,211

Faison construction inc was initially approved for PPP Loan of amount $388,211, the current approved amount is $378,211. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 25 jobs and $378,211 was used to fund payroll.

Faison construction inc is New Business or 2 years or less

PPP Loan Search / OR / PORTLAND / Faison construction inc

FAISON CONSTRUCTION INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

FAISON CONSTRUCTION INC

Borrower Address

6226 SW 33RD PL

Borrower City

PORTLAND

Borrower State

OR

Borrower Zip

97239-6809

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

388211.00

Current Approval Amount

378211.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PORTLAND

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97239-6809

CD

OR-01

Jobs Reported

25

NAICS Code

236115

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

378211.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

381412.84

Forgiveness Date

03/10/2021

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