PPP Loan information for Favarote law firm, a professional corporation

$27,104

Favarote law firm, a professional corporation was initially approved for PPP Loan of amount $21,458, the current approved amount is $27,104. The loan was approved on 06/16/2020 by The Bank of America, National Association reported 1 jobs and $27,104 was used to fund payroll.

Favarote law firm, a professional corporation is Existing or more than 2 years old

FAVAROTE LAW FIRM, A PROFESSIONAL CORPORATION

Date Approved

06/16/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

FAVAROTE LAW FIRM, A PROFESSIONAL CORPORATION

Borrower Address

4014 LONG BEACH BLVD STE 300

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90807-2617

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21458.00

Current Approval Amount

27104.00

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

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90807-2617

CD

CA-44

Jobs Reported

1

NAICS Code

541110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27104.00

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

Corporation

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

27291.87

Forgiveness Date

02/25/2021

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