PPP Loan information for Fara investments, inc

$56,529

Fara investments, inc was initially approved for PPP Loan of amount $56,529, the current approved amount is $56,529. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 21 jobs and $56,529 was used to fund payroll.

Fara investments, inc is New Business or 2 years or less

FARA INVESTMENTS, INC

Date Approved

05/01/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

FARA INVESTMENTS, INC

Borrower Address

6632 W. MYRTLE AVE. A

Borrower City

GLENDALE

Borrower State

AZ

Borrower Zip

85301

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56529.00

Current Approval Amount

56529.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GLENDALE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85301-0001

CD

AZ-08

Jobs Reported

21

NAICS Code

523910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56529.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56913.09

Forgiveness Date

01/08/2021

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