PPP Loan information for Faraday electric llc

$73,375

Faraday electric llc was initially approved for PPP Loan of amount $73,375, the current approved amount is $73,375. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 3 jobs and $73,375 was used to fund payroll.

Faraday electric llc is Existing or more than 2 years old

FARADAY ELECTRIC LLC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

FARADAY ELECTRIC LLC

Borrower Address

1180 MONTEREY AVE NE

Borrower City

RENTON

Borrower State

WA

Borrower Zip

98056

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73375.00

Current Approval Amount

73375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RENTON

Project County Name

KING

Project State

WA

Project Zip

98056-0001

CD

WA-09

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

44375.00

Mortgage Interest Proceed

3000.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74365.73

Forgiveness Date

09/10/2021

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