PPP Loan information for Falco industries, inc

$786,300

Falco industries, inc was initially approved for PPP Loan of amount $786,300, the current approved amount is $786,300. The loan was approved on 04/06/2020 by The Truist Bank reported 86 jobs and $786,300 was used to fund payroll.

Falco industries, inc is Existing or more than 2 years old

PPP Loan Search / MD / CAPITOL HEIGHTS / Falco industries, inc

FALCO INDUSTRIES, INC

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FALCO INDUSTRIES, INC

Borrower Address

8740 Ashwood Drive

Borrower City

CAPITOL HEIGHTS

Borrower State

MD

Borrower Zip

20743-3727

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

786300.00

Current Approval Amount

786300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAPITOL HEIGHTS

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20743-3727

CD

MD-04

Jobs Reported

86

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

786300.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

796172.43

Forgiveness Date

07/07/2021

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