PPP Loan information for Fako inc

$112,500

Fako inc was initially approved for PPP Loan of amount $112,500, the current approved amount is $112,500. The loan was approved on 04/14/2020 by The LCA Bank Corporation reported 24 jobs and $112,500 was used to fund payroll.

Fako inc is Existing or more than 2 years old

FAKO INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FAKO INC

Borrower Address

25148 Evergreen Rd

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48075

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112500.00

Current Approval Amount

112500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

443364

Servicing Lender Name

LCA Bank Corporation

Servicing Lender Address

1441 W UTE Blvd Ste 250

Servicing Lender City

PARK CITY

Servicing Lender State

UT

Servicing Lender Zip

84098

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48075-0899

CD

MI-12

Jobs Reported

24

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112500.00

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

443364

Originating Lender

LCA Bank Corporation

Originating Lender City

PARK CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113750.00

Forgiveness Date

05/26/2021

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