PPP Loan information for Favorite foods, inc.

$710,200

Favorite foods, inc. was initially approved for PPP Loan of amount $710,200, the current approved amount is $710,200. The loan was approved on 04/15/2020 by The Reading Co-Operative Bank reported 62 jobs and $710,200 was used to fund payroll.

Favorite foods, inc. is Existing or more than 2 years old

PPP Loan Search / NH / SOMERSWORTH / Favorite foods, inc.

FAVORITE FOODS, INC.

Date Approved

04/15/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

FAVORITE FOODS, INC.

Borrower Address

29 Interstate Drive

Borrower City

SOMERSWORTH

Borrower State

NH

Borrower Zip

03878

Loan Status Date

11/13/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

710200.00

Current Approval Amount

710200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89358

Servicing Lender Name

Reading Co-Operative Bank

Servicing Lender Address

180 Haven St

Servicing Lender City

READING

Servicing Lender State

MA

Servicing Lender Zip

01867-2921

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOMERSWORTH

Project County Name

STRAFFORD

Project State

NH

Project Zip

03878-0001

CD

NH-01

Jobs Reported

62

NAICS Code

424440

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

710200.00

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

89358

Originating Lender

Reading Co-Operative Bank

Originating Lender City

READING

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

704031.65

Forgiveness Date

11/05/2020

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