PPP Loan information for Fac's promotions inc

$771,465

Fac's promotions inc was initially approved for PPP Loan of amount $771,465, the current approved amount is $771,465. The loan was approved on 02/17/2021 by The The Farmers National Bank of Canfield reported 91 jobs and $771,465 was used to fund payroll.

Fac's promotions inc is Existing or more than 2 years old

FAC'S PROMOTIONS INC

Date Approved

02/17/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

FAC'S PROMOTIONS INC

Borrower Address

2750 Salt Springs Rd

Borrower City

Youngstown

Borrower State

OH

Borrower Zip

44509-1034

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

771465.40

Current Approval Amount

771465.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Youngstown

Project County Name

MAHONING

Project State

OH

Project Zip

44509-1034

CD

OH-06

Jobs Reported

91

NAICS Code

423920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

771460.40

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

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

775772.75

Forgiveness Date

09/08/2021

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