PPP Loan information for Farah enterprises, inc.

$450,542

Farah enterprises, inc. was initially approved for PPP Loan of amount $450,542, the current approved amount is $450,542. The loan was approved on 04/15/2020 by The Watertown Savings Bank reported 72 jobs and $450,542 was used to fund payroll.

Farah enterprises, inc. is Existing or more than 2 years old

FARAH ENTERPRISES, INC.

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FARAH ENTERPRISES, INC.

Borrower Address

35 Black Duck Road

Borrower City

CONCORD

Borrower State

MA

Borrower Zip

01742

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450542.00

Current Approval Amount

450542.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33420

Servicing Lender Name

Watertown Savings Bank

Servicing Lender Address

60 Main St

Servicing Lender City

WATERTOWN

Servicing Lender State

MA

Servicing Lender Zip

02472-4413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONCORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01742-0001

CD

MA-03

Jobs Reported

72

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

450542.00

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

33420

Originating Lender

Watertown Savings Bank

Originating Lender City

WATERTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

454671.97

Forgiveness Date

03/18/2021

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