PPP Loan information for Faa enterprises inc

$605,670

Faa enterprises inc was initially approved for PPP Loan of amount $605,670, the current approved amount is $605,670. The loan was approved on 01/25/2021 by The Clear Lake Bank & Trust Company reported 91 jobs and $605,670 was used to fund payroll.

Faa enterprises inc is Existing or more than 2 years old

PPP Loan Search / IA / Ames / Faa enterprises inc

FAA ENTERPRISES INC

Date Approved

01/25/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

FAA ENTERPRISES INC

Borrower Address

2825 E 13th St

Borrower City

Ames

Borrower State

IA

Borrower Zip

50010-8616

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

605669.82

Current Approval Amount

605669.82

Undisbursed Amount

0.00

Franchise Name

Burger King

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ames

Project County Name

STORY

Project State

IA

Project Zip

50010-8616

CD

IA-04

Jobs Reported

91

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

605668.82

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

Subchapter S Corporation

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

609892.68

Forgiveness Date

10/08/2021

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