PPP Loan information for Famarock inc.

$2,448,306

Famarock inc. was initially approved for PPP Loan of amount $2,593,955, the current approved amount is $2,448,306. The loan was approved on 04/06/2020 by The American Business Bank reported 250 jobs and $2,448,306 was used to fund payroll.

Famarock inc. is Existing or more than 2 years old

FAMAROCK INC.

Date Approved

04/06/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

FAMAROCK INC.

Borrower Address

5462 W ADAMS BLVD

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90016-2640

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2593955.00

Current Approval Amount

2448306.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123001

Servicing Lender Name

American Business Bank

Servicing Lender Address

2400 E. Katella Ave. Ste 350

Servicing Lender City

Anaheim

Servicing Lender State

CA

Servicing Lender Zip

92806

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90016-2640

CD

CA-37

Jobs Reported

250

NAICS Code

311812

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

64434.00

Payroll Proceed

2146520.00

Mortgage Interest Proceed

0.00

Rent Proceed

81524.00

Refinance EIDL Proceed

0.00

Health Care Proceed

142140.00

Debt Interest Proceed

13688

Business Type

Corporation

Originating Lender Location Id

123001

Originating Lender

American Business Bank

Originating Lender City

Anaheim

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2476344.13

Forgiveness Date

06/09/2021

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