PPP Loan information for Fanaras enterprises inc

$524,023

Fanaras enterprises inc was initially approved for PPP Loan of amount $524,023, the current approved amount is $524,023. The loan was approved on 01/31/2021 by The Merrimack County Savings Bank reported 80 jobs and $524,023 was used to fund payroll.

Fanaras enterprises inc is Existing or more than 2 years old

FANARAS ENTERPRISES INC

Date Approved

01/31/2021

SBA Office Code

0189

Processing Method

PPS

Borrower Name

FANARAS ENTERPRISES INC

Borrower Address

125 N Main St

Borrower City

Concord

Borrower State

NH

Borrower Zip

03301-4921

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

524023.20

Current Approval Amount

524023.20

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42989

Servicing Lender Name

Merrimack County Savings Bank

Servicing Lender Address

89 N Main St

Servicing Lender City

CONCORD

Servicing Lender State

NH

Servicing Lender Zip

03301-4935

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

MERRIMACK

Project State

NH

Project Zip

03301-4921

CD

NH-02

Jobs Reported

80

NAICS Code

446110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

524018.20

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

42989

Originating Lender

Merrimack County Savings Bank

Originating Lender City

CONCORD

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

526564.35

Forgiveness Date

07/30/2021

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